MoneyEngineer

USDX looking for more upside.

Long
TVC:DXY   U.S. Dollar Index
I do not like to talk in absolutes in technical analysis, I prefer to just ride the waves. With that said, the final move to the upside before the flat correction was impulsive. But the waves 4 and 1 intersect, it can not be a ending diagonal because that moves in zig zag fashion. So that leaves me with the leading diagonal, which appears in waves 1 and A. So that leaves us with this being a leading diagonal wave 1 as a possibility because by the rules this could not be an wave A. This is the process of elimination you have to use when you plan to trade Elliot Waves.

USD Bulls should bring up to new highs in 2019.
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