A comparison of DXY and SPX could provide clarity over the next

Few months. There is a lot of confusion whether the market has topped. Whether the bill run that started in March 2009 is over. Many do not think the bear market is over. Many believe it is. Fact is the correction that started in January 2021 doesn’t appear impulsive, ie you cannot count a wave 1 down. There are way too many overlaps. At best you can count it as a expanding diagonal. A more reasonable count is a WXY for A with an ABC completed. The DXY on the other hand is quite clear. It printed a 5 up from March 2009. The inverse relationship between DXY and SPX is very well established. See notes on chart. I am expecting the counter trend rally for DXY to complete in a week or less with a further C wave down. A=C will take it to 93++ and test the parallel channel support. Hope this helps. This is my first post in 2 years.