Starting Dec 27th the 10yr yield is up to ~4.2% from ~3.8 US10Y .
DXY has risen to 101 to 104. DXY
Meanwhile the indices have continued their push to ATHs. If the divergence were to correct the S&P could see a 5% correction.

Setting a stop just beyond the top bull channel trend line (orange).
1'st PT is the mid channel trend line
2nd PT is the 2022 highs (also where the divergence started)
Technical IndicatorsTrend Analysis

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