Dollar

There is a lot of talk about a possible dollar bottom, and its implications on other markets. The negative correlation on many markets has been persistent and relentless. I have posted many times that 'its all one trade.' Well, Friday does show technical evidence of a bottom. But its Sunday night, and we all know what usually happens on Sunday night. (Usually dollars get sold.)

From a TD Wave count perspective you can see that it is very possible that a B Wave concluded on the weeklies at a projected area. Same on the daily chart. Also, TD Sequential generated a buy signal last week on the daily chart. Friday closed over resistance. Its interesting and worth paying attention to.