Trading ranges shown, directions are what they are, correlations are clear, its the buddy system. Ok everyone, grab the hand of your change in trend buddy, and lets all stay together as a group. EUR/OIL UP, AND USDJPY/SPY DOWN. But what factor will drive THE DOLLAR DOWN SO COMMODITIES CAN GO UP? Which will lead? IMO, the dollar strength cannot continue, and Yellen knows that but isn't saying it IS THE MOST IMPORTANT THING RIGHT NOW REGARDING A RATE HIKE, OR NOT TO RAISE. That is the question. For dollar to con tinue up, will simply kill any momentum this economy is trying to build. What excuse will she/they use this time. they simply don't want their names tied to this event, and putting it off is not making it easy or making things better, only worse. Whether they like it or not, they must raise. But won't raising rates strengthen the dollar even more. And a stronger dollar might stir deflation into the main stream, which is exactly what they DO NOT WANT TO HAPPEN. It is the classic catch 22. WHAT TO DO, WHAT TO DO. They don't have a good answer, something they know will work, they have too many issue snow, and a rate move won't solve all of them.