Melt up, The Dollar That is

Unless Yellen eases, the dollar keeps on rising.  This will support bonds, and be negative on commodities.  But I think it will be very bullish for SPX/ES.

The wild cards are how IWM and IBB play.  I am afraid I am getting the answer I don't want in IBB, and will have to concede defeat on any strength by the end of today.  The Russell however may have run its course, I will let the signal take me out.

For trading though.  I am keeping it simple.  If my view is right and confirmed by my signal I am long ES into Friday, and short UVXY with puts.

I am staying away from NADEX for now (EOD).