TimStuyts

Dollar index update

TVC:DXY   The U.S. Dollar Index
231 0 14
The short worked out great and the move lower was very impulsive. I don't really like the count for wave '1' with a bottom @ 98.22. However all rules are followed in terms of wave count and I think we might see another leg lower. The trade plan however will be simple as always. I will wait to see whether we get a correction from here (which seems to have started already) to sell the next leg lower.

If on the other hand we saw the bottom already (which I don't favor at this point) I will wait for an impulse-consolidation and trade the continuation.

Updates will follow either way

Below my previous post of dollar index            
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
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