Dollar Index

My Comments: You'll notice the MACD and Stochastic divergence on the daily chart. This hints that the dollar could be carving out a bottom of some kind. Pay attention to the upper trend line and if it is broken would be a signal that the inflation trade is on hold...With the Stock markets looking toppy to me, a sell off in the equities would send some cash out of Euro, Aud, GBP, CAD and back to the greenback. And keep in mind that I think the inflation trade is the big theme but its important to sideline those opinions when price starts to hint otherwise...