dollar index correlation day trading strategy

We have the dollar index correlation in play
this morning, moving over 0.6% to the upside, giving the markets we trade a
push lower overnight, and this morning we are looking for clues to see if the dollar
index keeps moving higher, or if it reverses and we start looking for the short
covering rally, or reversal on the markets we trade.  The dollar index is trading in outside day,
above the PHOD and also above the previous double-top resistance.  

Now that we’re broken the double-top and
broken the price wedge highs we need to see proof of WHO is in control
today.  Will the buyers keep buying and
thus giving us selling opportunities with wave patterns today on Crude Oil, E-Mini-Russell,
euro and gold futures?  Or will the dollar
index stop moving higher, and if it does, be ready for the new lower-lows on
the markets we trade to hold as support and we will look to buy with a price-reversal
pattern such as a 2-step-pattern.