The FRED Report

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The Fred Report - Weekly June 20, 201

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We would like to see a slight up week, followed by a drop into the end of the month to reset our monthly indicators.  Bonds could stat another up-leg here, and the TLT could challenge the 100 area.  The metals look more attractive than oil at this point in time – gold in particular, but silver could rally as well. Should FXE move down through the 140 area that should be enough to move the dollar above 77 which would be a significant breakout.


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