One chart tells it all. We've got a weekly cahrt of $UUP, a dollar bull fund up top. And we've got the rolling 3 month correlation between $UUP and $SPY.
So from this chart we know 3 things:
1. The dollar is in a downtrend.
2. The correlation between the dollar and equities has been negative since the cyclical bull market started.
3. The dollar is breaking down.
Given these 3 conditions, we can conclude that equity markets are going higher.
If you want to argue against the conclusion, you have to explain which of the 3 conditions presented earlier have changed.