INDEX:DXY US DOLLAR CURRENCY INDEX
The correlation between the USD and S&P 500 could continue to grow as the DXY hits a one week at the edge of the & BB. This also coincides perfectly with multiple market moving releases. If they disappoint as much or more than expected, it appears the dollar will fall back to the bottom of it's current channel. Although low retail sales and consumer confidence could imply a longer from the Fed, it would most likely lead to a short term sell off in the S&P 500 as well.