DXY – NYBOT Dollar Index (Last:75.21)

NYBOT Dollar Index (DXY) price chart with targetsThere they go again! While we can view this rally with skepticism, in the end we must judge it solely by how many prior peaks it surpasses on the daily chart without taking a breather. As you can see, a mere thrust of 1.23 points would get DXY past no fewer than one ‘internal’ and two ‘external’ peaks, signaling that the uptrend has gotten beyond the booster stage. We should know soon enough…