The Fred Report - Weekly October 10, 2016
Stocks are in an interesting position here, as we have had two inside weeks, which is indicative of a trend-less market, on SPY. This could very well be at least a trading bottom in GLD, and this an advance above 122.20 and then 125.50 would confirm this low. Let’s see what happens, but we look for a daily stochastic above 20 soon.
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