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Dollar Index (DXY) to end correction and start fresh upmove

Long
TVC:DXY   U.S. Dollar Index
DXY has been moving perfectly as per Elliott waves. It has completed an impulse and now in correction. It has already corrected near 50% which is also close to previous degree wave 4. Worst case we might do 61.8% around 107. Once we get a positive daily close from here, it would be reasonable to assume next impulse has started. What does this mean for equities and cryptos? They'll take a dive as soon as DXY upmove starts.

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