The Fred Report - Weekly October 25, 2021

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A review of the technical indicators suggests this advance has more to go. Intermediate breadth momentum has picked up, but is not yet overbought, although some of the short-term breadth tools are – suggesting this might be another consolidation week, albeit with the possibility of an upside surprise.  We discuss TLT and LQD, as we have a trading buy signal on them that could be strong over the next couple of weeks.



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