Dollar Action

The U.S. Dollar Index has declined intra-day to help the major stock market indexes inflate a little off the morning lows. Should the U.S. Dollar Index rally higher it would be prudent to see the major stock indexes retest the morning lows and possible decline lower. The action in the U.S. Dollar Index seems to dictate every move in the stock market at this time. The inverse relationship between the U.S. Dollar Index and the stock market is as inverse as I have ever seen.

About Nicholas Santiago 576 Articles


Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

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