S&P500 v DXY

I'm throwing this up for discussion. The three key areas of the chart seem to show that a fall in the DXY is followed by sound recoveries in the S&P500.

Be careful though, because I'm NOT saying that the weak DXY causes the S&P to rise like a phoenix.

It's a community so I welcome different perspectives on this.
Beyond Technical AnalysiscorrelationDJIDXYS&P 500 (SPX500)Trend AnalysisDJ FXCM Index

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