Trendhopper

DXY, Bullish 5 Wave Completed

Trendhopper Обновлено   
TVC:DXY   Индекс доллара США
DXY looks to be trading in a channel, local fifth wave just finished, confirmed by very bearish A wave correction playing out now. I expect weakness now on the dollar through until Mid December , when it will touch the lower support line and resume its uptrend in the channel, I expect the uptrend to complete in March when it will retest the neckline of the former high, from March onwards its looking very bearish for DXY and the stock market, see my Gold analysis which as expected is the complete opposite to DXY.
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Chart is making more sense here
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