Chart is /ES hourly.
Wednesday, November 2, 2011
An real time update of the USD shows that our risk off currency is hanging to its support. If the 50 DMA breaks, then we could see a rally of atleast 2% in the markets till the USD will reach the 200 DMA support. If that support also breaks, then you could put on an Intermediate term market rally. Keep a close eye on the Dollar index