The Fred Report - Mid Week Update April 17, 2024

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SPY has come very close to the 500-area we have been looking for. QQQ has fallen off as well and is testing support in the 430-area.  We think the market could turn up for the remainder of the week but remains in a precarious situation due to the bond market – which could be choppy to down (rates up) into the end of the month.



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