The Fred Report - Mid Week Update September 17, 2014

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Probably the most important development for us as forecasters and traders that we have seen so far this week is that EEM has held the 43 area which we have discussed ad nauseam and rebounded sharply.  GLD as it is slightly below the 120 area and the weekly stochastic is below 20, as forecast. We think it could turn up by the end of this week or next.

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