The Fred Report - Mid Week Update June 8, 2016
Stocks have continued a slow rally and have closed above 211 on SPY twice. This is positive. Careful if SPY moves below 205. The daily stochastic on GLD has gone positive and gold had a large advance on this latest buy signal, and it looks like the weekly has moved down to the 30’s and has not started to turn up. When this turns up another strong buy signal will be confirmed.
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