DXY – NYBOT Dollar Index (Last:79.59)

NYBOT Dollar Index (DXY) price chart with targetsThe weekly chart (see inset) takes some of the meaningless mayhem out of the technical picture, revealing at a glance that the Dollar Index’s prospects remain unambiguously bullish. The target of the pattern shown is a very bullish 85.16, but it’ll probably take a weekly close above the 81.63 midpoint to kick the rally into high gear.  You can learn to do this stuff yourself, probably more quickly than you might imagine. Click here.