Old break-out lines in up-trend now act as support in downtrend. Pivot line at 96.98. When USDX breaks this line after significant work above or below it always continues, though usually with significant-counter break work before continuing the break trend. Only exception to counter-break test was in major rally of 1980 to Feb 85. So we may well have to do some counter-break work in the 97 to 102 (max) area before continuing down. Interesting line which may act as resistance at ~99 to countertrend test after pivot breakdown. Old break-out lines in up-trend now act as support in downtrend. 2 2 1 Resistance at 99?!! 4 1 Pivot Line Pivot Line Pivot Line 4 3 5 3 5= 78.33

Need to know if .86 is the up-tick and July 31 number or an intermediate August number up-tick which could be negated by month´s end.. However, the 1986-87 up tick provided no support to the USDX which actually fell ~105 to ~83 as the Coppock rose from ~78 to ~86. Only then did the USDX rally from ~83 to ~~103 before continuing down. Nevertheless this is most worrisome.