applying the Elliott Wave theory - JSE charts at: jsecharts.blogspot.co.za/ - click image to enlarge
Sunday, 2 December 2018
DXY, $US Index
The $US Dollar index, DXY, is presenting a good case for the turn into Intermediate wave (2) here. A target of the lower order 4th wave can be quickly arrived at depending on the strength of the sentiment for a Fed rate pause.