Further scrutiny of the Dollar Index’s chart divulges a new and compelling target at 75.44 that lies well beneath two more Hidden Pivots, closely spaced and just inches away, where I’d suggested looking for a bullish turn. The prospect of one remains strong, but in this instance, I am recommending as a precaution that you apply the “Chopped Liver Rule” to avoid getting steam-rollered by a downtrend stronger than we might have imagined.
