SPX has possibly completed forming Waves A and B of a complex expanded flat correction, and may be near starting its Wave C.
More likely this is the case should DXY continue up to and above 112-115. See related chart linked below under related ideas.
Another possibility is a running flat correction where it turns back up near the 100% fib instead.
More likely this is the case should DXY continue up to and above 112-115. See related chart linked below under related ideas.
Another possibility is a running flat correction where it turns back up near the 100% fib instead.