Dollar Index Today by the Milky way

"The trend is your friend", the problem is turns in trend are not seen by everyone until it is too late.

Instead of all the geometry posted before, (Dollar makes its low in May in Milky Way's long term outlook), here is a intraday chart of trading in the dollar index.

Intraday trading is hazardous to your wealth but with the knowledge that the small trends have a "fractal" look, one can see the future by looking at the minuets. (Minute charts). The small patterns will repeat into bigger fractals. We should develop a smooth third wave that can use moving averages for profit.

We are going into 24 hours of a trend that has not broken the 90X180 bars. I had believed that by the 21 the impulse would clearly show the up move, but knowing the 7th (July) is also a window, I come to believe this is it. The beginning of the wave (3).

[link to s760.photobucket.com]

[link to s760.photobucket.com]