The Fred Report - Mid Week Update October 9, 2013
Stocks have continued to pull back and closed below the key 166 area on Tuesday. This opens the door to lower prices and a test of the 162 – 160 area looks likely. TNX still has some room and could still test the 23 area but this is happening slower than we would like to see, and there is a lot of support at the 26 – 25.50 area, below. Coal is actually weaker than oil and the chart is avoid for now.
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