http://stockcharts.com/h-sc/ui?s=%24USD&p=D&yr=1&mn=0&dy=0&id=p65443933360

This is a TLT ‘in play’ indicator. VIX > 15 still necessary

but good news inflation has also surged..

So with inflation near the top target and stocks overvalued…Fed can announce interest rate rise in June.  USD seems to be factoring this in the last week….SPY will be slower to realize…