The $USD dollar index dropped closer to chart price support at 75.89 (prior swing low) - we'll have to see if it gets support there, or will it need to test a Fibonacci level I've got for it at 73.58 ...?! Poor Steve Puetz, the Unified Cycle researcher who's tracking the shaken consumer confidence that's creeping down again. Didn't someone tell him this is all solved by the dollar shrinking away, so he can forget those long-wave cycle ideas about new equity market lows ahead? LOL . ... Still, the dollar remains pointing down and we must see a significant level give support plus a trend reversal pattern before we can feel comfortable that it's, you know, reversing.
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