As you can see the US Dollar broke above a long term downtrend line with some decisiveness recently. Today the dollar had a red doji inside day, while the equity markets sold off hard. In general, equity markets have held up extremely well under the pressure of a strengthening dollar, making new all time highs in most indexes during the dollars move up. This is indicative of the plausibility of a secular bull market move ala the 90's - which for a variety of reasons is supported fundamentally in the world at this time.
Thoughts? Arguments? Questions? Want to know what the fundamental reasons I think a 90's style market is here, is now? There is a comment section you know.
Have a great rest of the week! Mind the purple line.