Daily: DI+ line crossed back below . is at same high level as at Wave No. 1. This calls for cautiousness. lines converging, Slow may give a sell signal, but still hesitant a bit. Corrective retest level would be +/-80,80-81,00 -> Kijun Sen, Future Kumo bottom, previous Chikou peak. also catching up to this level.
Yesterdays candle shows exhaustion too, but we can not exclude one more spike higher on back of Draghi's comment (since major component of the Index is EURUSD ).
4 Hrs: A bit less at mom. Top consolidation pattern is seen here, with Chikou Span hitting the Price candles. Also Price had few break attempts below Kijun Sen. Classic followers often use this as a partial TP signal. (First close below Kijun Sen). Tenkan/Kijun is still though. coming down, momentum loosing steam. Price should move quickly higher to keep swing traders in the game. Break below 81,27 will start the counter trend, and eventually a swing down to 80,80-81,00 could happen
This post is rather an observation and let' say a TP on Longs idea, than a call for going short in USD Indx .
I would try counter short only at a hit below 81,27.