INDEX:DXY   US DOLLAR CURRENCY INDEX
I actually had advised to BUY this back in November 27th of last year. At that time, it had already made a pullback after reversing off the bottom. But as it goes, that pullback was only the wave w of an wave (x) correction as part of the 3-wave wave 4 correction. Well, from then to now, it has dropped back down to retest the lows and is completing the wave (x) of 4. What does that mean? It means ITS TIME TO BUY! This is a very good risk:reward trade now if you place your stops below the lows. Better than when I recommended to BUY back in November. If my wave count is correct, then we are going to see a veritable explosion upwards in this wave (y) of 4! But keep in mind that this should be a wave 4 so I'm not looking for a "supertrend".
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"Very Nice Post" --- "THANKS"
This is -- "ONE" -- very good -- "Wave Count"
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