The dollar’s unaccustomed burst of strength last week actually generated some hubris, along with speculation that the bear market begun in late 2022 might be over. Although it’s too early to be confident about this, the possibility warrants our attention. The move so far tripped a theoretical buy signal at x=100.43, the green line. It’s a strong bet that the uptrend will continue to p=102.93, the midpoint Hidden Pivot, but we’ll be better able to judge its strength and durability once we’ve seen bulls interact with p. A completed move to d=107.94 wouldn’t signal an inevitable end to the dollar’s 2.5-year dither, but it would put DXY in good position to break out for a run at 2022’s high, 114.78.