USD INDEX on the verge of Medium- Term SELL?

USD Index Weekly Close @ 07/26/2013

The OUTSIDE DOWN Week 2 weeks back has witnessed follow through lower & THAT is enough for us to signal that a likely Medium- Term SELL is warranted on the US Dollar Index.
What this means for other markets (equities/ commodities et al) is the BIG Question.

NYSE posts an OUTSIDE DOWN Day....should we care?

NYSE Daily Chart @ Close 07/24/2013

OUTSIDE DOWN Day not to be 'sneezed' @ as the Trannies have already made their move?
Follow through (lower) into Friday's Close would go a long way in suggesting another period of consolidation/ correction is upon us again.

DOW JONES TRANSPORTS 'had enough' up here?

Dow Jones Transports Daily Chart @ Close 07/24/2013

Whilst the other indices 'meander' around the previous highs (EG: S&P500 @ 1687); the Trannies has seemingly made up 'its' mind & is heading lower after a marginal new high was scored.
Leadership or 'out on it's own'?

No new high still for the laggard DAX...............

German DAX Daily Chart @ Close 07/16/2013

Whilst the S&P500 has done its 'thing' in testing the 1687 Highs (1684); the DAX continues it under- performing ways.
The other High Beta Index: NDX100, has scored a marginal new high (so far); until the DAX does this rally has the hallmarks of a retest/ failure up here & NOT the beginnings of another new leg higher.
Time will tell.

Weekly DAX continues its 'weird' way in NOT confirming the S&P500's new found 'mojo'?

DAX Weekly Chart @ Close 07/08/2013

Still within the confines of the 50/200day SMAs (above the 200 & below the 50day... both NOT shown as this is a Weekly Chart); the DAX is yet to join in the S&P500's new found energy.
A bigger picture perspective is now timely; as yield 'reversion' to normal levels (& yield curve steepening) will ultimately affect Equity Valuations.
Patience as we revisit the 2013 Highs.