Dollar is the Canary in the Mine…
Watch the dollar, big money is massively short stocks. A dollar trade under 113.00 is further confirmation, 111.70 opens the trap doors.
S&P will have a fight until it closes over 3900.
Update at 2:25 PM CDT
Quite a fight by the big money FED follower shorts, but I don’t think they will be able offset what is happening with grass-roots growth. Still waiting for the sucking sound of an imploding dollar, just hearing a little whistle building at the moment. (DXY @ 112.17)