DXY to Continue Correction

٨ فبراير ٢٠١٧

DXY's recent low did not bounce from a major fibonacci level...rather just short of one. Based on two fibo-fans I'm looking at a further move down, first to 99.18 then to 97.80.

٨ فبراير ٢٠١٧

ملاحظة

٨ فبراير ٢٠١٧

ملاحظة

Thinking we may see an inverted cup and handle instead.

١ مارس ٢٠١٧

ملاحظة

Lesson on this one...don't use fibo fans to forecast. Fibonacci will work across many end points. Use swing high to swing low, printed start and end points.