Dollar Index
Dollar Index

is there a bullish Alternate view to the Dollar index? The short answer is yes. I did follow it till the 2017 top on max extreme bullish sentiment. But now after two years of staying above the breakout trendline it is the top alternate if we get past the 103.81 high made in Jan 2017. This means you have to mark the 2016-2018 pattern as a expanded flat in wave 4. Wave c of 4 is usually an impulsive decline and that is why it looked like we were starting a bull market. But now the dollar is threatening to break past the 61.8% mark as a first sign that alternates are still open. Will keep this at the back of my mind now.

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