ConservativeOne1

longer term view on DXY

Short
TVC:DXY   U.S. Dollar Index
Just redid the count on DXY...looks to me like 106 should hold...a pivot at this level should take us to a lower low on this next wave and complete a 1,2... 1,2 ...1,2 wave sequence...next would be an ABC move which would likely to back up to between 50%-78.6% retracement of the entire move down...so a sizeable pull back which will punish stocks and likely metals as well.

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