The Fred Report - Weekly August 31, 2015

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There is enough evidence suggesting another move down that cautious advisors should be selective in here and make sure to leave some money out for a retest. A pullback in Oil that reloads the daily stochastic, without making new lows, would be a welcome here. We feel that Europe has two things going for it at this juncture: it is safer and there may be more upside potential.

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