This morning, the S&P 500 Index e-mini futures (ES Z1) are trading lower by 5.50 points to 1185.25 per contract. The news out of Europe seems to be getting worst by the minute. Spanish debt yields are climbing on their short term notes. Traders do not have to follow the news out of Europe, they can simply follow the U.S. Dollar Index. When the U.S. Dollar Index rallies or trades higher the major stock indexes around the world deflate and trade lower. This looks to be a volatile trading week despite the Thanksgiving Day holiday.
