Loading ...Check out monthly chart of SM and DXY from 2000….you’ll see both bottomed in 2008 and basically up from there.
With all Algo’s following the S&P/Dow…most SM will follow the US mkt…..so that was/is the Rig…keep dollar strong, and the SM….and also keep lid on PM’s.
Now the Dollar is going nuts and they have no idea what to do……my guess is the SM craters before too long when the world realises it was a false Bull……and the wheels really fall off.