The market's mood was cautious before the opening today due to concerns about the debt crisis in the Euro zone. The dollar index increased 1.3% today, the largest increase in a single day since December.  The durable goods orders report this morning indicated 0.5% growth; 0.6% was expected. The better news was a upward revision of January's number to 3.9% from 3%. New home sales decreased in February by 2.2%; analysts were expecting a 1.9% increase. The economic data probably weighed somewhat on the market, but the strong increase in the dollar's strength was hard to ignore. Even so, the markets held up pretty well, once again showing the underlying strength of this market. RUT traded down almost $7 and closed at $684. The SPX lost a little more than $6 to close at $1168. Trading volume was up less than 5% on the NYSE and essentially flat on the NASDAQ; the S&P 500 continued to trade below its 50 day moving average. Today's price action on both the RUT and SPX charts displayed the classic "inside day" on the bar charts or the Harami for the candlestick devotees. These patterns are often seen at points of a trend slowing and consolidating, or perhaps even a market reversal. Time will tell.