The Fred Report - Mid Week Update March 16, 2011

View a Printer Friendly version of this page, allowing you to print the page.
We are much less cautious than we have been for a while, as the SPY looks to have completed a successful test of the 126 – 124 area we have been looking. We can rally into the end of the month, when monthly indicators should be overbought as well – and this is what we think should occur.  We continue to look for a sharp up-move in the dollar – and a close above 22.10 would suggest this move is now underway. 

Sorry this page is available to subscribers only.
If you're not a subscriber why not
join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.

To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.




Who is Fred Meissner, CMT?
Listen here:

The FRED Report is not authorized, endorsed, or affiliated with the Federal Reserve of St Louis and its FRED Economic Data.