the Dollar Index Fractal

CLIFF NOTES: I thought I had posted this once before .. the POTENTIAL mirror image foldback on the US DOLLAR.  I have gone thru my charts and I can’t find it but I know I sent it to Larry P so … here it is.  Also, go back and look at the UUP (Dollar ETF) chart that we looked at for the .886 retrace and “one last hope.”  Well, today’s action was pretty impressive …is the dollar bull thesis still alive?  Shoot, I don’t know so I sit on my hands, STILL.  Keep an eye out on the dollar … perhaps it set a low?

Mirror Image Foldback

Mirror Image Foldback

 

the other thing that is interesting is the FRACTAL pattern that appears to be working itself out on a longer term chart …

Main20140508214324

 

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