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SalN
Dec 23, 2016 12:50 AM

Dollar reversal Soon Short

U.S. Dollar Currency IndexTVC

Description

Dollar Daily Chart

It has been a long time since I have posted a chart for the dollar but I think as it relates to Gold and miners, it is time to show what I think is about to happen. I had previously posted my thought about the wave 1 - 5 and it appears I am correct. I think there is a possibility that we do one last little pop in the dollar to finish wave 5 and then start our correction. The arrows pretty much tell the story that I am seeing develop. And being that I think that gold and miners may bottom in late March 2017, I am simply guessing that we have a running flat correction. So in a couple of days, I believe that being short the dollar is called for.
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