Dollar Index Daily View

With dollar speculative bullish positions are a bit frothy, it fits with our expectation for a correction lower; i.e. work off some dollar bulls before another rally phase.

082818 cot.png

US Dollar Index:  Looking for at least a test of 93.71, but would expect a push beyond there into 93.00 on what I have labeled an expanding flat pattern. Is dollar weakness still predicated on the stock market acting okay?  Most likely.

082818 dxy.png