It would appear that President Obama's speech last night was not well received looking at the financial markets this morning.
Readers of this report know that we rely on our Trade Triangle technology for trends, and not what a government official has to say and this includes the president of the United States.
I learned over the years that the markets generally tell you what they're going to do. Price action alone is the greatest truth you can see in the marketplace. Price action is what determines trends, price action is what determines traders actions.
