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The U.S. Dollar Index Falls To Save The Morning Market

Traders around the globe are chuckling this morning as the market could really care less about the phony government job report. The U.S. Dollar Index is the only thing that matters at this time. When the U.S. Dollar Index declines the stock market rallies higher. After the government job report this morning the initial reaction was very bad with the S&P 500 futures dropping about 10.0 points. Then the U.S. Dollar dropped like a rock and lifted the futures back up. If the U.S. Dollar Index can rallly higher today the stock market will come under pressure. Should the U.S. Dollar Index fall deeper into the abyss the rally that began on August 25th will continue.