$DXY at highest level this morning since the April 7th ceasefire gap down.
See picture, gap closed. This is significant.
#US30Y > 5.015%
$USDJPY > 160.2 yens.
$MOVE up.
Since early May, DXY rising, $BTC responded to it by going down, $SPY didn't. DXY up SPY up continued to work as $SOXX were seen as the safest haven against rising US30Y rates, so 27% y/y growth vs a 5% yield hit which is ok. BTC is dollar and yield sensitive, it has no compelling AI component, unlike $QQQ $SMH $SOXX to override king dollar.
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$SPY $QQQ $IWM $MDY $RUT $DIA $SDOW $SOXX $SOXS $SMH $NVDA $TSLA $YINN $VIX $VXX $TLT $BTC $GLD $SLV $SVXY
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