The Fred Report - Mid Week Update May 2, 2018

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TLT should pop today as well and it looks like that can get to at least 120 on this short-term buy signal. Traders long the dollar should sell on a gap up in the morning – our trading target is 24.50 and UUP is close to that. Because of this we would buy GLD or SLV on a down open if UUP is up.

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