Alternate count - Dollar index

23 thg 4, 2018

To me this recent Dollar strength is still a bit suspect and my main count still has the Dollar index making a lower low from here and a deeper wave 5 . However, recent strength can not be ignored and the Dollar is bouncing off a trend line that dates all the way back to 1985. I had been tracking this correction as a triangle but it seems to have broken out of it's confines today. If the Dollar doesn't turn around and continue lower quite soon I may have to take this alternate count much more seriously.