No News is Not Good News

Good Morning Traders, As of this writing 4:30 AM EST, here’s what we see: US Dollar: Up at 99.235 the US Dollar is up 77 ticks and trading at 99.235. Energies: December Crude is up at 43.06. Financials: The Dec 30 year bond is up 4 ticks and trading at 152.05. Indices: The Dec S&P 500 emini ES contract is up 9 ticks and trading at 2071.25. Gold: The December gold contract is trading up at 1087.40. Gold is 25 ticks higher than its close. Initial Conclusion This is a not a correlated market.

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