US Dollar Index (DXY) - Long-Term view & Upcoming Recession
ABC Corrective Cycle is coming to an end soon and with it, a new Bearish Cycle is approaching for DXY.
We are expecting a Consolidation for the 4th Minor Wave withing the Intermediate 5th Wave and Primary Wave C. Once the Cycle is completed, a Major Bearish Divergence will be the best sign and Trigger for the next Recession. Every 8 to 10 years a Recession is expected as per the Cycles. It will take 6 to 12 months for real Recession signs to pop-out but it's worth knowing.
Patience!
USD Index (DXY) - short term SELL - medium term BUY - long term Strong SELL
We are expecting a Consolidation for the 4th Minor Wave withing the Intermediate 5th Wave and Primary Wave C. Once the Cycle is completed, a Major Bearish Divergence will be the best sign and Trigger for the next Recession. Every 8 to 10 years a Recession is expected as per the Cycles. It will take 6 to 12 months for real Recession signs to pop-out but it's worth knowing.
Patience!
USD Index (DXY) - short term SELL - medium term BUY - long term Strong SELL
Comment:
Reversal
