...DXY has broken 106.6 resistance decisively and now attempting...

...DXY has broken 106.6 resistance decisively and now attempting to scale above 107.

...It could be climbing back to its 9Oct 2022 high of 113 which was the lowest point for the S&P500 since the end of 2021.

...the DXY's ascendancy is a warning shot that has depressed everything with the S&P and Nasdaq soon to follow.

...the rise of US indices is blindsiding market participants that all is well with the Trump victory. ANYTHING BUT.

...reliable AUD indicator is flashing red Risk Off flag succumbing to 64.55c in such a quick period. A week ago it was toying with 67c.

5 year view
S&P 500 Index Chart — SPX Quote — TradingView
DXY — U.S. Dollar Index Chart — TradingView