U.S. Dollar Index little higher

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

The June U.S. Dollar Index is trading at 97.21, up 0.22. Trading has been mostly rangebound Monday and choppy after U.S. economic data was released. April Personal Income came out up 0.4 % versus no change in March. Personal Spending for April showed no change, versus a 0.5 % rise in March. PCE Prices for April came out up 0.1 % versus up 0.1 % in March. Year over year the data was up 1.2 % versus 1.3 % in March. The ISM Index for May is due out at 10:00 AM along with Construction Spending data April.

20-Year Pro Trader Reveals His "MoneyLine"

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