DXY – NYBOT Dollar Index (Last:79.43)

The Dollar Index narrowly missed creating a potent impulse leg on the hourly chart, although the rally did get past the two prior peaks we require at a minimum for a show of strength and/or a trend change.  Since this could be the subtle beginning of a much more significant rally, we’ll continue to monitor DXY very closely. Those of you who trade currencies should of course follow this thread diligently.