A faint glimmer of hope appeared last week with DXY’s subtle poke through the ‘d’ target of a minor reverse pattern.  It isn’t much to celebrate, but the fact that the rally even made it to ‘D’ implies something may have changed, since the last time this modest feat succeeded was almost a year ago. To gauge its significance, we’ll need to monitor retracement patterns closely, since they should have trouble exceeding p if the dominant trend has in fact changed.  The first in evidence, on the 30-minute chart, not only exceeded p, it topped at the ‘d’ target of a minor rABC on Friday (a=99.70 on 5/1 at 7:30 a.m.).