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Traders Should Expect A Pause Day After Yesterday's Rally

This morning, the S&P 500 Index e-mini futures (ES H2) are trading lower by 4.00 points to 1232.00 per contract. Yesterday, the major stock indexes soared sharply higher on better than expected news out of the European Union and the United States. Often after a big rally the next trading session is usually much more subdued, therefore, traders should look for a pause day or even a possible small retrace day in the market. Nearly every trading session the stock market will often gap higher or lower, these morning gaps are signs of an unhealthy stock market. Traders should continue to watch the U.S. Dollar Index futures (DX H2) very closely as the major stock indexes continue to trade inverse to the dollar.    ...continue reading here