InTheMoneyStocks Pro Traders Market Analysis

[ITMS]

The Focus Must Be On The Dollar

This morning, the S&P 500 Index e-mini futures (ES H2) are trading higher by 1.50 points to 1321.25 per contract. Once again, traders can either try and follow the news out of Europe and Asia, or they can follow the action in the U.S. Dollar Index. All traders and investors should recognize that the major stock indexes continue to trade inverse to the U.S. Dollar Index. If the U.S. Dollar Index declines the stock and commodity indexes will inflate and trade higher. The opposite is true if the U.S. Dollar Index rallies, the stock and commodity indexes will decline and deflate lower. It seems to be that simple at this time. ...Continue reading here: http://bit.ly/yqLJxC