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Big_Mike716
May 24, 2023 10:09 PM

dxy 

US Dollar IndexCapital.com

Description

long term dxy analysis suggests we are finished with the Cycle W3 and now inside of cycle wave 4 with a target of $94 in 2024. Inside W4 we are currently within wave A . Wave a is a zig zag which means 5 waves sub wave 123complete. Now almost finished with sub W4 of the A and the sub waves are inside of an ending diagonal which targets the 618% of the 2021 highs around $98. At that mentioned level $98 we should bounce up into wave B of the cycle wave 4.
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