BullnBear_Markets

DXY - BEARS IN PLAY... update

Short
CAPITALCOM:DXY   US Dollar Index
im calling $80-70 DXY time frame tba. but for now, we see a Elliot wave 3-4 in play. would like to see further dump from the red box, but im going with where 4 marks the spot.

A,B,C will also re-aligned once Elliot is complete, but i would think it would be simple 'W' bottom, then sweep of this bottom for more downside...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.