The Fred Report - Weekly July 28, 2014

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Our FPOs on Small and Mid-Cap ETFs suggest they may rally sharply into the end of the month.  TLT is breaking out above the 115.50 area resistance and another close above this area targets 117 to 120.  We have reached an interesting juncture in both UNG and UGA suggesting that short-term bounces could occur from this general area.

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