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Friday, 01/27/2012 10:22:22 AM

Friday, January 27, 2012 10:22:22 AM

Post# of 784
It's A Dollar Story


For over ten years now the major stock indexes have traded inverse to the U.S. Dollar Index. That inverse relationship is back in full force today. Anyone can easily see how the S&P 500 Index e-mini futures (ES H2) jumped off the morning lows as soon as the U.S. Dollar Index tumbled lower. All traders and investors should have a chart of the U.S. Dollar Index futures (DX H2) up at all times. If traders do not have the U.S. Dollar Index chart available the PowerShares DB US Dollar Index Bullish (NYSEARCA:UUP) will mimic the action in the dollar. ...Continue reading here: http://bit.ly/zcDXr7
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