ConservativeOne1

FYI...Modified view of DXY where W1=W5

TVC:DXY   U.S. Dollar Index
This is a tweaked count on DXY which shows where Wave 1= W5...in other words a 100% extension of wave 1 from wave 4. IF this count is correct...expect a hard pivot on DXY which most likely means downward moves in SPY and metals...nothing of course is certain...but we are at some key levels and I expect some fireworks soon!! I have taken quite a bit of profits on metals in the trading session and in the futures mkts...will enter puts on SPY and cawls on UVXY at the open...with at least 1 month to expiry...

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