DXY completed an Elliott Wave downstairs to 92.5 from 93.8, so it will rebounce next week as supposed.
However it formed a H&S with H 94.7 and S 93.6/8, so the first half of next week would be raised to pressure/neck 93.25 and last half drop through 92.5 till target 91.78.
Thus, all risk capital (Gold,Silver,Oil,USA Market) will raise retrace firstly and raise finally.
By the end of this month/next week, all will go opposite by dropping greatly, by the time, is the US Election.
Thanks
However it formed a H&S with H 94.7 and S 93.6/8, so the first half of next week would be raised to pressure/neck 93.25 and last half drop through 92.5 till target 91.78.
Thus, all risk capital (Gold,Silver,Oil,USA Market) will raise retrace firstly and raise finally.
By the end of this month/next week, all will go opposite by dropping greatly, by the time, is the US Election.
Thanks
