DXY - Trump Coin and the King of currenices

Given the current European mess, Brexit included. The US has everything playing against it too, S&P had a mental rally, Gold spiked and a load of other things. All of which is expected when the DXY is dropping. On a daily timeframe, we can expect a little push-up. Potentially between the 94 & 96 levels.

Thus being a consolidation/retracement for a further push down to find the weekly Elliott wave 5 level. Which overall makes sense, a sell off on SPX & Gold (short term) All aligns with the pattern.

SPX falling until Christmas paints a 382 bounce around the 20th of December in line with the 50% level on the Pitchfork.

So overall - a retracement here for DXY before continuing down overall for the completion of its weekly pattern formation.






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