Shared yesterday morning a pause in the Dollars rally was due and it could cause a bounce for stocks. (see post here)
The middle chart below is the Dollar, reflecting it is still struggling with resistance at (1).
CLICK ON CHART TO ENLARGE
Not surprised to see stocks move a little higher due to the resistance at (1), yet the commodity complex hasn’t been much to brag about the past two days, considering how much the Dollar has declined! Not the best of signs for some commodities!