In any case, the U.S. Dollar Index futures sold off by 0.40 cents in seconds and this caused a spike higher in the major stock indexes. Often when markets are selling off this sharply the institutions will try anything to cause a short squeeze to get the markets to trade higher. At this stage of the game most traders and investors must be wondering why the European Union is even in place. Greece could simply just be the tip of the iceberg. What is going to happen with Italy, Spain, and France over the next six months? That is the question that traders are asking themselves now. The days where the institutions drop the U.S. Dollar Index and cause a short squeeze might be over for the time being.
In any case, the U.S. Dollar Index futures sold off by 0.40 cents in seconds and this caused a spike higher in the major stock indexes. Often when markets are selling off this sharply the institutions will try anything to cause a short squeeze to get the markets to trade higher. At this stage of the game most traders and investors must be wondering why the European Union is even in place. Greece could simply just be the tip of the iceberg. What is going to happen with Italy, Spain, and France over the next six months? That is the question that traders are asking themselves now. The days where the institutions drop the U.S. Dollar Index and cause a short squeeze might be over for the time being.