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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.