The U.S. Dollar- Daily Chart
SPX- Daily Chart
If the Dollar has enough power to rally from here, then the stock market may be in trouble, big trouble. The news outlets are beginning to talk about Europe (it could be July/August all over again). When will it be? Nobody knows, but believe me, a sell-off is coming. Why will it sell-off? That you won't find out until after it happens. The stock market is ahead of us by about 6 months, so think October-November until the news comes out. Could it have something to do with politics? Probably so.
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