Will the USD Bull Kicks "Experts" In The Teeth ?

I have been a USD bull since early September which firmly places me among the world's smallest minority of market players. I must say it is sometime not very pleasant as some would ridicule me for my views. This is especially so when gold has been rallying in such a dynamic fashion. But I  stick to my chart readings and kept my faiths.

The day when the Dubai World broke its default news, I had my "Spiderman sense" tingling that USD may be finally coming back. As the USD is always considered as a risk currency. Friday it tried for another upside break which went to test its prior fractal high. The next few days would be extremely interesting to watch. The 'experts' put the Friday's upside action on the US bullish employment figure. But I personally would think it could be more to do with a possible meltdown at the North Korea due to its government's daylight robbery of its people'. It could trigger a rebellion which would be a havoc for the South and China. (refugees, civil war, lawlessness etc) 

Of course those are the "fundamentals" side of the story, technically the USD Index daily chart is getting more interesting as the earlier mentioned (1)testing its prior fractal high of 75.88. If we can see a daily closing of above this level, then I would think the bull is back in business. As at now, (2) it is already closed above the upper Bollinger Band. The Stochastic is rising. (3) Crossing the 50's signal line would be another bullish confirmation. The MACD has also turned positive and rising. I would (4) like to see it crossing up above its zero line for a more reliable confirmation of the bull. (5) Another bullish item would be the D+ which has now crossed above the D-. If we can see a higher high on the coming days, it would meet Wilder's extreme rule for a buy. In both the Stochastic and the MACD, a bullish divergence has already formed and maybe acting it out its effect now.

The only " missing link" is the flat ADX which is also 'died' on 12's. This is telling a trend is not confirmed. I would like to see (6) a rising ADX crossing up the falling D- for a confirmation of a new trend. You should watch this one closely.

 
 
The weekly chart MACD has finally turned positive. But it remains 'far' from its zero signal line thus it would be a less reliable buy signal. And take note that it does not register any bullish divergence. The Stochastic has just crossed up its 20 signal line which may be taken as an initial buy signal. And it comes with a bullish divergence. With this in place, I would think the new up move should has much meat to chew on.

Price has also closed up above the lower Bollinger Band for the first time since May this year. This can be taken as another initial buy signal. An item that I would very much to see turning positive is the DMI, but at this moment, the D- is still above the D+ which should be read as bearish. But the ADX is now located above both the D+ and D- and has turned flat since mid October. I would read this as an overbought situation and the prior bear has now lost its momentum.

I am getting ever increasing bullish on the USD bull and I think this bull run would kick many 'experts' in the teeth.