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First up let me just say, I cannot predict the future...

I can offer 12+ years of market experience & nothing more

The $Dxy has positioned itself for a humongous Bullish move...

Major multi year & even multi decade #Dxy breakouts are happening *Right Now*

Charts Below ๐Ÿ“ˆ๐Ÿงต๐Ÿ‘‡
Lets start by looking at the $Dxy itself (Monthly Chart)

On this time frame we are close to breaking out of a 7 year consolidation (when the 2015 rally stalled out)

This failure to make a low, followed by a break higher, tends to create a large amount of short covering...
As shorts close out positions on the breakout & new traders add long positions, explosive moves tend to follow

These are the mechanics behind what some traders refer to as a "Wave 3"

To me it's just mechanics of a successful breakout, but "Wave 3" if it helps understanding...
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