Dollar Index

The dollar index has not done much in a while. A narrow range in wave 2 of 3 and all the moves up and down are a series of 3-3-3 waves and corrective that can be marked as w-x-y so far. Till wave 3 actually begins we just need to wait for the pattern to unfold. What is clear is that the rallies have not been impulsive so it is not a trend reversal to the upside.