US Dollar Index: The KING.
In 2008 crash it went-ed like this: The twin Towers (USD & Yen) hammered the stock Market, but the Yen hammered the Dollar. All this Drama was going on simultaneously of course with the US Govt. sending out its best army of Goldman Sachs MBAs. Not a single one of these retards knew what was going on. They WAS-es up against a Wave C. Goodluck trying to curtail the power of such a wave. How a Wave C looks at a US Govt. official of even the highest rank? A pune, an asinine, hovine, bovine insignificant creature, no more than a bug on one's shoe tryng with quantitative easing to stem the tide of a gusher of divine power and verve.
It pays to watch the KING. This time if stock market crash gets underway, he will not be getting %$^@@%%^^ by Yen. This will be the difference. Keep eye on emerging Economy countries if KING breaks above Fibonacci resistance that Fibo is outlining here. There will be tsunamis of epic proportions in these countries as their debt is denominated in dollars and the interest payments will kill 'em quick.
Keep eye out for an education of a lifetime. Tell your granchildren this story in 2040 about how the KING was laffed at by even the Indonesian Rupiah in 2007 and then when the hocus-pocus Australian dollar joined in and laffed hard at Champ, he could take it no more and put his boots on and stomped out of the dungeon. That was March 2008. Look at him since.
But Fibo recognizes that type of WAVE. Yikes! But even such a wave gots to correct. So when will the correction come? Ouch!! Say what? The KING might correct before blasting off northbound again? He might. But how the fck will we know he is going to correct or not correct? Keep eye on the 1H chart. His footprint can be watched. See that downwave at right side of screen from 1H top? Is that a 5-er? Yeah baby, is it a 5-wave move? Because it is, then BEAR is telgraphing to Fibo that correction is on its way same as receding waters that warn of a tsunami coming.
Keep eye on this chart only. Its the ticket.
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