Cycle Wave Elliott Wave Chart of the DXY

Updated view, with what seems likely price path, based on deep retracement of d-wave so far. Second waves only typically retrace 50 to 61.8% of first waves, and we're in that range already now. Looking for other dollar denominated assets to complete their patterns and reach various price targets, so expecting price action to take a while to play out. At these levels, the dollar needs to finish up bankrupting Emerging Markets, make the Chinese cry (louder), and smash Precious Metals. So, buy some popcorn, and enjoy the show!