The Fred Report - Weekly January 26, 2015
An attack on the highs next week, combined a higher January closing high relative to December 2014 would be a strong indication that any corrective behavior will in fact be shunted off until the second quarter. Advisors looking at putting money into oil and take advantage of our forecast that this month is going to be the low closing month should likely wait until the end of the week to do this.
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