TTCSteve

DXY - Wave 1 of iii of 3 Nearing A Top

TVC:DXY   U.S. Dollar Index
The Dollar has clearly started its larger agenda, with wave 1 of a very large degree iii of 3 (Very Bullish) nearing its completion.
On the lower degree level an internal wave iii of v looks to be complete with the iv starting.

A choppy wave iv and v should still be to come for the completion of the wave 1 which leads to the next main move being down in wave 2 into the Fall and possibly out to the end of year.
Overall, the extremely bullish long-term picture has a LOT of upside ahead so keeping a clear awareness of that is recommended.

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