Durable Goods Drops Futures

Durable Goods Drops Futures

SPY sold off early this morning on a terrible durable goods number. But the dollar sold off too which doesn't make sense. So SPY is set to gap down and open below trendline A at ~104.8. I will give the stock market a few hours to climb back above trendline A, if SPY is unable to do so then I will exit my longs and prepare for further downside. The nearest support level is 104.6

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