The Fred Report - Weekly October 22, 2018

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We would like to see a choppy market into the end of October, as this would reload monthly indicators prior to a yearend rally, as we have been forecasting. Bonds are in an interesting position at this time. The reason we say this is the trading action on Thursday and Friday in TLT has generated a strong short-term buy pattern that should take TLT up to 117 or so from here.



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