The Fred Report - Mid Week Update February 25, 2015
TLT has been weaker than expected but is finally starting to rally. We continue to expect a test of 132 – 134, and traders who did not sell on the first run up to 134 might consider sale should these levels be hit. The daily stochastic on USO is now in the buy zone, and if it turns up we should see upside behavior into the end of the week and rally into March as we have noted.
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