Monday, October 25, 2010

US Dollar Again

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The S&P 500 continue to follow US dollar. The US dollar was down the indexes opened down. Now, US Dollar index rising and indexes are in decline. The indexes' volume continue to be low (in comparison to what we saw last week).

So far the indicators continue to be "lazy", mainly because of low volatility. To monitor market I simply increased indicators' bar period settings on 1-min charts.

So far, I would say the odds are better to see indexes further down.

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