Much clearer chart pattern to follow with the Euro rather than DX lately. See the clear price resistance being the Nov low breakdown point at 132.12 that was tested as resistance in mid Dec and failed to clear then. That is presently being tested several times recently and continues to prove to be resistance. Nice tight consolidation pattern there that should result in a powerful move out of there one way or the other. If it breaks out above price should run up with DX selling off further. The chart pattern is bullish despite the downtrend as it is a bullish Inverse Head & Shoulder pattern. That doesn't mean crap until it crosses the neckline of course but is a bullish pattern to watch none the less. So the key on the Euro and DX as the exact inverse market is this Euro crossing above 132.12 with some conviction or failing and breaking down below its tight pattern. Presently the 20ema is below the 50ema which is below the falling 200ema which clearly defines a bear market. So a rally in the Euro from this point would likely see the 20ema cross up over the 50ema for the 1st time since Sept which simply means the 4 week trend would then be above the 10week trend and bullish short term. "IF" that occurs DX will selloff futher and most everything else will rally. Copper is also showing a bullish pattern and recently cleared a resistance level and is presently trapped between 3.77 and 3.90. Clearing 3.90 with some conviction would suggest much higher prices in Copper and the SPX along with most everything else. Definitely time to pay close attention. That's what I'm looking at and what the charts are telling me,fwiw........"Meanwhile the Euro is still a bear and resistance is resistance."