The Dixy Flip

Last week I charted DXYs negative correlation with the S&P 500.
DXY Negative Correlation to Markets


Since England announced QE to save pensions, the DXY went into positive correlation with the S&P 500.

Markets are a tinder pile ready to burn any Market Cap down. Today was Apple. Tomorrow MU? Maybe.

One thing is for sure. Volatility is gaining traction into the end of Sept.

JHEQX resets tomorrow.
JHEQX Reset Tomorrow


If you look back at the history of JHEQX, the expirations tend to PIN the market and it's only weeks after a reset are a window of weakness for the indexes.
snapshot

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