The Dollar Index came down hard last week after topping to-the-exact-penny at a 106.84 target that had been advertised here. The rally was due for a rest, but I doubt the peak will endure for long. The ABCD rally pattern shown should help us gauge the health of the dominant uptrend.  If DXY achieves D=106.64 without providing any single- or two-level pullbacks for a ‘mechanical’ buy, that would affirm that pent-up demand for dollars remains strong.  This is going to create big problems for the world’s financial system, particularly for debtors who owe dollars, and for a central bank that remains committed to tightening.