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$ Index remains in corrective mode

BofA Merrill Lynch:The US $ Index correction does not yet look complete. Indeed, evidence says that we should see a decline to the 95.00/94.50 zone before the larger bull trend resumes for the 106.00 area. US $ Index bul…

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BofA Merrill Lynch:

The US $ Index correction does not yet look complete. Indeed, evidence says that we should see a decline to the 95.00/94.50 zone before the larger bull trend resumes for the 106.00 area. 

US $ Index bulls need a break of the Mar-31 high at 98.67 to say that the correction is over and that the bull trend has resumed.

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