Sloppy action since mid-May has transformed a slightly promising picture for the dollar into a sorry mess. The bearish pattern shown has already signaled a profitable ‘mechanical’ short at the green line (x=100.58), and there’s no reason it will not continue to dominate DXY until the 96.36 target is reached.  The pattern is sufficiently clear and compelling to suggest that a tradable bounce from ‘D’ is likely, but if not much of a bounce materializes, it’ll be time for Katie to bar the door.