The FRED Report

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The Fred Report - Weekly July 29, 2019

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While the behavior of small and mid remains a concern, there are enough positive indicators such as the advance decline line (at new highs!), and improvement in some of our weekly proprietary breadth measures that suggests the market actually looks reasonably attractive, within this summer doldrums period.  If above 98, the dollar could test the highs of 2017 in the 105-area. This could become interesting for other markets, probably hurt stocks.



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