Not even sure how these indicators play outside stocks but lets find out :).
sitting pretty for a strong trend change. already signaling it. and set to spike up.
RVI tends to be a leading indicator for and this is a kind of divergence I've never even seen in stocks but this would be ultra .
Lets see how it plays out!
from the start of the 'bear' market rally, each time the spooz rallied or spiked, the dxy tanked.
such as this behavior: spooz in blue, dxy in gray. most noteably, always at the end of cash market, the jaws is opened wide.
i've written about it a month ago. the dollar has been crucified to give life to the spx.
spooz in blue.
they always come together, sooner or later.