Filed Under — InTheMoneyStocks, Stock Market Analysis
InTheMoneyStocks.com – It Is Still All About The Greenback
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This morning, the S&P 500 Index futures (ES-U2) are trading higher by 5.00 points to 1305.25 per contract. The small bounce in the futures market comes despite the rising bond yields on Italian, and Spanish debt. Traders should continue to keep a close eye on the U.S. Dollar Index. As you should know by now, the U.S. Dollar Index and the major stock market indexes will generally trade inverse to each other. Options expiration is this Friday, therefore, traders and investors should be ready for a lot of rumors and volatility throughout the rest of the trading week. As I like to say, this is the real shark week in the stock market. [Go to Source]
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We (InTheMoneyStocks.Com) discuss day trading, swing trading and the markets based on pure technicals, market psychology and price action. We avoid all the media hype, this allows us to get a clear picture of where this market is going so we can trade it appropriately. Our members are granted insight into the minds of two of the best traders on the street. Learn from the best, become the best. Its that simple, we provide you the access to the Pros, all you have to do is enter.
