The Fred Report - Weekly February 25, 2013

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We are close to our objective of 156 on SPY, and while we continue to like the way things are trading should the market fail to accelerate we would have concerns.  Gold is at a particularly interesting juncture here as it may be making a short-term bottom.  FXE has weakened enough to have a small snap back rally, but the real action should occur in FXY.



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