The FRED Report

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The Fred Report - Mid Week Update June 6, 2018

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SPY has closed above 275, but not by much. Still, this is the start of a breakout if the market can build upon this and head for targets in the 290 to 302 areas.  A really strong opportunity is DBC in this area – it has held 17.50 and the daily stochastic has come down to oversold, and when it turns up we are looking for a move to 22.

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