Good News and Signs Emerge
The US Consumer is feeling more optimistic, and the President Elect continues to show he is working hard at putting together his team to address the US and World economic situation.
The Currencies React
At 8:30 the news hit the charts that the US GDP came in at the consensus number of -0.5% growth.
The Pound Sterling rose from 1.5000 to 1.5400 in an hours time!
Dollar Losing to the Loonie? Chart above shows a possible beginning of a new Stair Step pattern down.
Jerry Furst is Sr Technical and Market Analyst and Founder of Investors Education Network (IEN), He is a an active trader, educator, mentor, and trading coach to Select Clients Click Here for your Free Trader Self Evaluation Survey.
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