(Click at the picture to enlarge)Evidence points to and Ending Diagonal developing in the USD Index. The ideal target is close to 76.50, but we still misses two small a-b-c subwaves to finish the formation.
We can see a clear five wave [B] decline from 89.62 and a massive positive divergence developing, which calls for a firm bottom soon and the beginning og wave [C], which will take us back to and above wave [A] at 88.46.
All markets are now in alignment and we will most likely see a violent increase in volatility as imoprtant tops and bottoms will finally be in place.
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