Q1 GDP was revised down to a negative 5% from 4.8% as Durable Goods came in at -19.4%, the worst since the financial crisis.
Naturally, futures are up sharply…
…about equidistant between the important 200-DMA and the equally important 2.618 Fib extension at 3076.93.
It’s decision time for the men behind the curtain. Credibility has already been stretched extremely thin. Does it still matter?
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