LineKing

Im favouring U$ weakness

TVC:DXY   US Dollar Currency Index
24 0 2
Lost momo

Failed b/o s

After an ending diagonal

Commods (ex Oil             ) all looking strong - and even oil             maybe maybe looking to form a bottom.

As earlier, a simple ABC correction (with AB=CD ) still only brings us own to c. 96. What is nothing as we have rallied from 80.

"The bottom's in" for equities.......Is it? The rally looks very corrective in nature. Classic wave 4 stuff? Would lend itself to a weaker U$ thesis/weaker FED.

Will wait for this pattern to complete before committing vs the majors (ex CAD).
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