It is the protocol for the Intermediate Car High performance axle ONLY, from 67-70. Specifically Boss and Cobra Jet Mustang. If you see a 9 inch in a Mustang with the 2 dots, then you got a 31 spline shaft. (The 28 spline had an open shaped raw casting index)
During the manufacturing process, you need a way to hold and index the raw forging during manufacturing. Since there is no spatial reference on the blank. So they machine a feature that allows for centering and indexing. (so that you can drill all of the holes for the lug pattern, etc.
Every Bronco used the same 2 dot index mechanism. So they LOOK like a high performance axle...but they are not. I don't know how many times I have been told that the 2 dots meant 31 spline. In a Bronco, 2 dots is meaningless.