The Fred Report - Monthly June 2018

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Commodities have built a long-term base, and these could be strong in 2018. GLD is consolidating and it is back in our models as a buy. It could test the133 level. Industrial metals (DBB) have pulled back, but from high levels. Oil seasonal weakness may be over – the seasonal bottom is the May/June time period, but it has hit our targets and could consolidate.

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