Toni Hansen is very cautious on upside action since she thinks the market is at a point now that a larger correction for a few days at least is imminent.

Derek Frey explains a bear put spread in orange juice futures.

The release of the US import price growth could stir speculation that rising inflation pressures will prevent the Federal Reserve from cutting rates again on October 31.

The practice of American financial authorities has been to try to keep the pot boiling by stimulating consumer demand. Trouble was, the economy really hasn’t been doing very well. So in order for consumers to continue to spend, they had to borrow.

Toni Hansen feels that this momentum still has room to continue into Wednesday morning.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 10.

The big question is probably this: can the Fed now save stocks, housing and the economy by destroying the dollar?

With no US economic data released this morning, traders were sitting at the edge of their seats waiting for this afternoon’s FOMC minutes.

The Federal Reserve said that they would consider more options "closely" after the September meeting, but that all future actions depend on the economy and market developments.

Toni Hansen writes that the market can still pick up momentum into the morning on Tuesday, but the upside is becoming more and more extended and hence more risky in terms of the potential to be flushed lower.