The U.S. Dollar Index Still Dictates Every Move

This morning the U.S. Dollar Index has bounced off of it's morning lows. This small bounce in the dollar caused the major stock indexes to reverse their early gains at the open to go negative slightly. Should the U.S. Dollar Index start to pullback or decline again it would be wise to expect the major stock indexes to rally higher. Today will most likely remain a light volume trading session as many investors are awaiting the Labor Department's September job report that will be released at 8:30 am tomorrow.