The Fred Report - Mid Week Update January 27, 2016

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Daily stochastics on SPY have moved off the lows to the high 40s. We would like to see the SPY close the week above 192 or above, and the setup is now here.  We continue to believe that gold can advance and test the 112 – 115 area.  If stocks rally, then TLT may drop sharply. 

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