Remaining neutral only because better risk-reward elsewhere like in emerging markets.
SPY relative to DXY confirmed break above wedge at vertical line and is now in an ascending channel. However, SPY is still in a large Wyckoff distribution phase and will therefore encounter heavy resistance when its price is 3.14 and 3.23 x DXY price, indicated by the red horizontal rays. Potential support at green rays.
Published via mobile so hopefully chart turns out as intended.