Dollar Broke 76 resistance Tonight (UUP)
Fairly quiet night today after the interesting move we had today… until the dollar through 76 resistance.. Again the pressure is on crude and index futures. The Spoos levels of note are 1260 and 1255, these levels i am sure have sell stops below them. The dollar feels like it wants to test 76.50 as the world expresses interest in the dollar again, if this level is tagged 1255s will have a lot of pressure on them.
Keep and eye on the correlations tonight as they tell as story… trade what you see. Expect the unexpected as the Greece crap oozes.