A Zoom of the Weekly DXY into a Daily view

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I kept the colored rectangels from my weekly analysis, to keep the focus and knowledge where we are on the chart.
DXY is doing a long A-B-C before it's is going into the last impulse og the C of Y of x of the larger degree.
It's quite a lot of corrections to manage, but if you swipe from the daily to the weekly timeframe, it makes good sense. For me at least :D.

The purple B wave took some time to figure out, but this was what made most sense to me. I was trying to look at it as a triangle, but that wouldn't have a good shape, so I ended out with this white ((w))-((x))-((y)) correction.

DXY is right now performing, what I see as, a extended 5th wave in the white ((iii) wave, before it goes into the white ((iv)) correction.

The white ((iv) wave correction could be become a long shallow drawn out correction for two reasons.
We had a steep and swift white (ii) followed by an extended white ((iii) wave. This usually means we are going to spend some time correcting that white (iii) wave and the rule of alternation tells us, if we have a quick 2nd wave, we are usually going to see a slow fourth wave.

I don't believe we have completed the white (iii) yet, so we have a long time to go still until that white (iv) wave is done.

When the white (iv) wave is done, the white (v) wave is probaly going to take us down to that green box.

So relax for the next 6 months and grab yourself a cup of coffee.

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