Dollar Index (83.99)

The Dollar Index is inching toward an 84.96 rally target proffered here earlier. This Hidden Pivot comes clearly from the weekly chart, and it is therefore not chopped liver. This means we should expect it to show some stopping power; but if it does not, and, say, DXY closes above it, we should infer the rally still has a ways to go. An obvious target would be 92 and change, where two important peaks were made, respectively, in mid-2004 and late 2005.