Well see the price action on 'most' markets. This is exactly what I was talking about last night with most everything breaking out to the upside but not to react to it until a Monday close. Looks like another fake out catching the early birds. The key as always is DX. And note how it dropped below 82 support last night and into this morning suckering everyone in on the long side of inverse markets including Crude and SPX etc,etc. And then once the 'early birds' were on board DX bounced back like a rubber ball hitting concrete trashing inverse markets "AGAIN" like it loves to do and does over and over again with everyone focusing on the individual markets themselves & coming up with 'stories' of why each market is moving in the inverse direction of DX. I recall "Once Upon a Time" when it paid to be an 'early bird' technically and catch these moves as they began. Not anymore. Most of them seem like sucker plays more often than not. Gotta have 'price closes' above resistance or below support to confirm any change in direction. And the cycle work I do which is very basic does suggest a low is 'nearby' with inverse markets but still early. The price chart will let me know when the odds favour a change in trend back to up again. DX must 'close' below 82 AND stay there to confirm a rally back with inverse markets and DX doing the reverse of what it did in May although only with a pullback to 80-81 not a complete retracement. That's what I see in any case fwiw...........................