Above is the of DXY , and this chart is solidly down. Yes, the 15 minute chart looks like DXY will get stronger, but I never let a short term chart over-rule a longer term chart. If the jobs data Friday (May 6, 2016) is strong, then the smart money would make a bet for DXY strength.
I would need to see the phase energy bars (top) start reversing. Break of trend to the upside is approximately 94.30.
The regression is down, TRADE-MAP indicators are down, and phase energy readings are down.
I call this the "Jack Be Nimble" chart, because if you think the DXY is going to rally, I suggest you must be nimble in your actions, for I believe the upside move will be short lived. I will explain all of this in part 2 of this series.
I hope this has been helpful, entertaining, and informative. May all of your trades go well. Don.