The Dollar Index looks primed for a turnaround for technical reasons noted in my latest $DXY tout. To summarize, we will be using two compelling benchmarks to tell us more: a Hidden Pivot support just below current levels and a key bottom made in March. If a reversal is coming it would hold bearish implications for gold and other commodities, including a recently resurgent crude oil. This gives us ample reason to monitor the dollar very closely in the days and weeks ahead.
