USD update 12/21

USD: I’ve only data going back to 1980, but it’s plenty enough to establish the big picture count and idea of where the almighty greenback currently resides sentiment wise. (it’s sentiment that drives the Elliot waves). I see the USD as having completed Cycle-A up, off the Super Cycle low made in 2008, and price is now in Cycle-B down. It counts all very well as ABC’s with the C-waves being 5 waves (just see Primary C of Cycle-B: 1995->2001 advance). I expect Cycle-B to stall at around $85, before Cycle-C takes price to as high as $125 (C=1.618x A), which is also the aformentioned Cycle-B high made in 2001 ($120).