26/05/2009 Will spending follow confidence?
Market gaped lower and was moving to close the gap when the Consumer Confidence number came out at 10:00am and basically sparked a large rally. Toward the end of the day there was a bit of selling but the day closed almost at the HOD. Volume was average.
The U.S. consumer confidence number had the biggest monthly jump since April 2003 and market responded positively.



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