The Fred Report - Mid Week Update April 20, 2016

View a Printer Friendly version of this page, allowing you to print the page.
The S&P and the Dow Industrials would be the only indexes to make new highs. Broader indexes like the Russel 2000 and New York Composite remain behind.  Oil is also a bit stronger, but we have allowed a test of the $46-area into our calculations and should that occur and fail we would have concerns and look for a decline into June.  Gold is a bigger concern, as GLD is failing to move through 120 and has overbought monthly FPO’s.


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.