From a technical perspective however, the descending wedge pattern seemingly forming in the DXY could see said bounce ensue if we see a bullish breakout, and should recent correlations hold, this would likely be bearish stocks.

Source: https://seekingalpha.com/article/4575326-is-this-the-beginning-of-a-new-bull-market?source=feed_all_articles

The euro looks sick as the Fed’s Powell pounds the table for two more rate hikes, resuscitating the DXY.

Source: https://seekingalpha.com/article/4614551-almost-there-gold-and-silver-analysis?source=feed_all_articles

While DXY came down in July it picked up in August and September.

Source: https://seekingalpha.com/article/4642488-amazon-stock-3-reasons-optimism-ahead-q3-earning-release?source=feed_all_articles