This morning, the S&P 500 e-mini futures(ES M1) are trading higher by 3.50 points to 1330.00 per contract. The higher futures market comes as the U.S. Dollar Index plummets before the opening bell at the New York Stock Exchange. The U.S. Dollar Index futures(DX M1) is trading lower by 0.55 cents to $75.07 per contract. By now you all know the story, when the U.S. Dollar Index declines the major stock indexes will usually catch a bid higher. It is important to note that the declining dollar seems to have a much less inflationary effect on the overall stock market these days.
EEE finally got the news they were waiting for. Let’s see if it can hold resistance and start moving back up.
You have the date wrong Sun it is May 27th not April 27th.
Thanks Dsavill. It’s corrected.
hi there¡¡¡ what happen with the EFT model??
It will be updated over the weekend. Signals haven’t changed much since the update on 5.25.2011 so I didn’t see the need to run it everyday. Plus people have not been interacting on the site and I am busy improving on that front also. Would appreciate it if you guys can help.