King Dollar Is Near 6-Year Breakout…How Will It Impact The S&P 500

dollarspycorrelationstudy6yrbreakoutdec3

CLICK ON CHART TO ENLARGE

Take your pick, in the past 6 years, sometimes the moves up and the S&P goes down, other times its the opposite and then…..sometimes they move up together, like they have the majority of the past few years. Now the King Dollar may be breaking above a 6-year resistance line in the upper right corner of the chart above. Should the Dollar breakout, what do you think will happen??? 

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