$DXY Dollar Index (Last: 89.43)
By Rick Ackerman
Posted on March 4, 2009, 12:41 am EST
Last Updated May 21, 2010, 5:58 pm EDT

DXY opened yesterday on a gap that exceeded our 89.42 target by 20 cents. Because the pivot was both clear and built to last, the easy move through it strongly implies that DXY will continue higher to at least
90.26, the next target in our sequence. If that number is shredded as well, we’d be looking at a potential last-gasp thrust to 94.84, a very important number that will have been at least nine months in coming.