The FRED Report

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The Fred Report - Mid Week Update April 8, 2020

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This should be the best week to raise cash, write calls, or otherwise be defensive. After this week (if not sooner) we could start another move down.  TLT has been pulling back over the last few days and has held on for now. A move below 163 now would target 156.  LQD has rallied to resistance and could fail in this 124-area. A retracement into support of the move off the low is quite possible.

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