The Dollar broke from a bullish falling wedge of late.  Shared this Dollar action was about to take place, before it did (see post here) , creating numerous challenges for stocks and commodities.  The rally in the Dollar has taken it up to falling resistance and the fib 23% level at (1).  A natural place for the Dollar to take a breather.

 If the Dollar does take a breather, one could see the NYSE catch a little bounce due to the support at (2). 

Key strategy … be aware/positioned for the ripple effects if the Dollar blasts above the resistance at (1)!       A further advancement in the Dollar increases the odds the NYSE will break support!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past