The FRED Report

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The Fred Report - Weekly April 6, 2020

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The Fred's Price Oscillator (FPO) is giving some indications suggesting very strongly that the 220-area low is the low that will hold for a bit. We are seeing some good signs in the New Highs/New Lows indicators. New Lows have fallen off – from 2714 new lows on March 20th week to 284 this week.

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