Obama's State of the Union speech tonight. Does anyone have an actual stat on how the markets fare following the SOTU?
I can understand ( the pain) your stop is the Support 1 (S1) for most part of the day. I thought you may be taking short at 86.85 after stop with all the negative news for OIL today from all fronts. 86.30 acted as Support twice this morning, that gave me some clues on the Day range and in my intra day trades. .. this level helped the community in another way .
I think this downfall is short-term in nature and we shall see 90+ again soon in the mid-term, anyone else have any thoughts?