DXY vs. SPX: Negative Correlations Fading
Updated
Pre-earnings (which I think will be bad, next week) will anifest a permanence of job loss, not good for any SPX bulls. I think that the dollar will go up to 103 for 14. Keeping in mind that this correlation's z-score approached -1.0, we're seeing a divergence pushing the correlations back towards 0 (uncorrelation).
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