The FRED Report

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The Fred Report - Mid Week Update June 28, 2017

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The SPY has continued to pull back this week, and we think that this can continue into the end of the week. We would consider buying the next daily stochastics buy signal, as that should be the start of a rally that should lead to a stronger second half. DBC has looked to be bottoming in this area for a while. A move above 15 would suggest a bottom and above 16 a new uptrend.

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