It is still all about the U.S. Dollar Index(DXY) as the major stock indexes continue to trade inverse to the dollar. This morning, the S&P 500 e-mini futures(ES-M1) are trading lower by 0.25 points to $1325.25 per contract. The S&P 500 e-mini futures were trading much higher around 1:00 am EST when the U.S. Dollar Index caught a bid and deflated major stock indexes throughout the morning. We shall see if the U.S. Dollar Index fades once the opening bell rings at the New York Stock Exchange.
