DXY – NYBOT Dollar Index (Last:76.50)

Yesterday’s low came within 0.24 points of a 76.15 target flagged here a while back. A tradable rally should unfold from these levels, but the bigger picture yields only evidence of further decay to come.  Two targets to keep in mind once 76.15 is breached are 74.44 and 74.08. They come from larger bearish patterns of different degree, and the two together should exert a magnetic pull. _______ UPDATE ( Sunday night): DXY came even closer to the 76.15 target on Friday, making a low at 76.28.  Accordingly, camouflage entry opportunities should be pursued aggressively here — at the moment, perhaps by leveraging the look-to-the-left peak at 76.51 (see new chart).  _______ FURTHER UPDATE (March 8, 2:17 a.m.):  This pup has launched from a low of 76.12(! ) If any subscribers took the trade, please let me know in the chat room so that I can establish a tracking position for your further guidance.