Descripción
⋅ This rebound in DXY was predicted a week ago, when I highlighted a potential bullish shark completion around 96.50.(See related idea)
It went to 96.25 before rebounding yesterday.
Going into next week, I am expecting DXY to continue slightly higher to test 97.15 before it resumes its fall again.
At 97.15, it will complete an alt bat pattern.
Stocks should take a breather for now and might resume its upwards move next week after DXY completes this alt bat.
Good luck and good trading!