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Yanga_fx
Feb 16, 2019 12:26 PM

us index Short

U.S. Dollar Currency IndexTVC

Description

downtrend...reversal pattern h&S
Comments
jeffreyjim
"Very Nice Chart Work" --- Thanks
First support at 97.03 taken out today 6-4-2019
Second support = 95.74 --- March 20, 2019 low
Third support = 95.03 --- January 10, 2019 low
Fourth support = 93.81 --- September 21, 2018 low
Major top at 98.37 high on May 23, 2019 high ? --- Only time will tell.
Need to complete 5 Waves down from May 23, 2019 high at 98.37
My opinion 66.7 % chance or better the January, 2017 high at 103.82 "Will Not" be taken out anytime soon.
"DXY" should be ending Wave 2 up from February, 2018 low at 88.25 --- My opinion at this time 6-4-2019
Wave 2 --- "Can Not Ever" --- retrace more than 100 % of Wave 1
The March, 2008 low at 70.70 should be taken out in the next few years. --- (66.7 % or better chance --- My opinion)
Check out --- USdebtclock.org --- spend $ - spend $ - spend $
For information only

"Democratic Socialism" -- in -- "America" -- "U.S.A." --- "SUCKS"
"Donald Trump" --- "2020"
"One Eye Jim"
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