Both the 10-Year Treasury yield and the US Dollar index are at technical tipping points. As shown in the first chart below, the yield on the 10-Year is hitting resistance at the top of its downtrend line. Since stocks have been moving up as Treasury yields have risen (and fallen as yields have fallen), it would be nice to see this downtrend broken.
While it's hard to find many positives with the chart of the US Dollar, it has at least made a short-term bottom in recent weeks and is currently in a "flag" pattern. When this happens, the price eventually breaks big to the upside or downside.
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