The Fred Report - Mid Week Update December 2, 2020

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With the advance to 367.68, SPY has penetrated the bottom end of our forecasted range (which was 367 to 372). A test of 155 for TLT is possible, as the daily stochastic has given a sell indication once again. Our biggest concern with UUP is that it is making new lows in December and could be setting up for a buy at the end of the month after tax selling.

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