The Fred Report - Mid Week Update May 11, 2016

View a Printer Friendly version of this page, allowing you to print the page.

One sign a negative outcome is likely would be a move below 204 on SPY that would target 202 and 198 almost immediately. Another thing we would be leery of would be new highs by SPY or DIA that are unconfirmed and fail - a false breakout would be a concern.  GLD is in strong condition unless it breaks 113; in fact a test of 115 would be a positive.

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.