sp'daily5
Nasdaq, daily
Summary
*I'm more inclined to watch the Nasdaq, as a clearer sign that Monday was a key floor
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Suffice to say, equity bears should be somewhat dismayed at the markets response to what was a relatively dire GDP number.
Yet, ADP jobs and the Chicago PMI came in okay, so..there was that.
Anyway...the FOMC announcement..2pm...but then..we know what is coming, the unknown is how will the market trade into the daily/monthly close.
Considering the Monday daily closing candle, I'm still inclined to believe we'll keep pushing upwrd.
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Time for an early lunch