The Fred Report - Mid Week Update October 28, 2020

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We have been looking at a down beginning to the week, and an up finish. If we are correct, then we should see the market stabilize and begin an advance Wednesday after what is going to be an ugly start.  Support levels on SPY (SPDR® S&P 500 Trust), where ideally we would buy, are as follows: 336, then 330 but we doubt 330 could hit before the election.  UUP above 25.15 would imply a trading bottom is in.

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