I believe we have arrived, and are about to encounter a scary long move up in DXY, just when everyone thought it would "fail." I think we have one more wave, up, and it could get impulsive, but for now, it is Cycle II, so a little deeper, to maybe 103-104.
Comment:
With all this chop, its hard not to find irregularities in the pattern. I am going with the LCD of irregularities, as I see it, and calling the last high an irregular ("bullish") B, where participants got zealous and DXY still had magnitude to work out.
