Euro futures trading is Fading, Dollar is surging US market follow in Sync with the dollar as the US move past Europe.
The S&P500 emini futures has said good bye to the Euro futures trading in the short term. The 2 month love affair as the couple ran up has finally seen the break up that was on the books. For the first week in the last 9 the S&P 500 emini has decoupled itself from the Euro. Asked why, the S&P said that could no longer hang out with a spender on a leash and would return to the the market with no regulations on where or how much it could spend and would be hanging with the Dollar index. The dollar index on the other hand sees this as temporary and is running into a little resistance, asking the question, If the S&P has finally broken free and the US market finally realizes the "economy" and the public are not together, that the public will bear all the expenses if China won't. Then we could see another break up between the S&P and the dollar index. We shall see. If there is no commitment on the governments part to free Syria or take away oil from those evil dudes in Iran then the Dollar doesn't deserve its strength and we can see another move down. Does this mean there could be another chance for the S&P500 and the Euro to hook back up? We shall see what the euro futures trading does and if they really want to get back together again. It is as if the euro futures trading has to go through a bit of rehab before it is let back in. The S&P500 has broken its resistance and now has a floor p [...] day trading course
