As we all should know by now, when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. Since 7:40 am EST, the U.S. Dollar Index has declined lower by 0.47 cents to $75.42 per contract. This is exactly when the S&P 500 Index made a move higher into positive territory. All traders must keep a chart of the U.S. Dollar Index up at all times.
The sectors that will usually bounce higher when the U.S. Dollar Index declines includes energy, metals, and agriculture. Traders can easily see how stocks such as Exxon Mobil Corp.(NYSE:XOM), Potash Corp.(NYSE:POT), and the iShares Silver Trust(NYSE:SLV) have all rallied higher as the U.S. Dollar Index has declined. Traders should also be aware that if the U.S. Dollar Index rallies higher intra-day these same sectors will often deflate and trade lower.
Nicholas Santiago
InTheMoneyStocks.com
[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]
InTheMoneyStocks.com is a research and consulting company focused on guiding investors, swing traders and day traders to financial success. Their Chief Market Strategists analyze the markets while making calls on everything from stocks to commodities and currencies. Their goal is to not only guide their subscribers but also teach them their proprietary methods leading them to become investing and trading masters.
Nicholas Santiago
