US Dollar Index, DXY - The End is Nigh

 Update 27/09/19

 From 24/09/19

This daily chart for DXY plots the course of the Primary [B] wave and once again prospectively discovers the long lost appearance of a conclusion. At the very least, the end is now closer. 

However, a weaker dollar requires a loss of confidence causing a shift away with not many places to actually go. The cause of the ongoing strong dollar appears to be trying even harder to drive it further on as their own currency is devalued in order to stimulate their economy at the expense of their competitors. So what will bring the [C] wave? Perhaps some economic surprise that generates inflation and thereby the clear expectation of ongoing rate increases so as to contain inflation and maintain price stability. The one thing that cannot be handled - a genuine economic recovery.

US Dollar Index, DXY

DXY weekly:  Cycle wave II was 5-3-5 so that box is ticked. Primary wave [1] is supported by magnificent weekly divergences into both its beginning and its end, not to mention the close call with the 61.8% retrace of II. Now 3 waves down and 3 up precede this dip back into weakness. Rates of decline have been quite consistent so far. The projection for the end of Primary wave [2] employs similar declinations and it now targets the end of Intermediate wave (4) of Primary wave [1]...   pure guesswork...