No need for a safe haven?

The U.S. Dollar Index surged during the worst of the stock market's selloff. "Cash is king" became the new mantra. The USD Index is giving up much of those gains now that equities around the world are trying to stabilize.

When the USD Index reached a 1 year high and then fell 4 days in a row, its returns over the next 2-4 weeks were extremely poor. If the USD and equities maintain their inverse relationship, this should be a minor bullish factor for stocks over the next 2-4 weeks.