This indicator is so important as it determines the state of the economy very well.
The indecisive trading action shows that both bears and bulls are waging a huge war. No one is able to fathom what BIG BEN is going to do.
We got Dudley gloating about for more FED action. We have Chicago Fed guy saying no to QE… it’s real confusing.
What we know today is that the USD is recovering.
I think in the short term, we can focus on the Durable goods orders.
Any good reading, market may go up on another cool rally.
Any bad reading, market may still go up after a huge plunge though.
No one on the Gray Line. This was taken today, and the advertisement shows September 12…
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