June US dollar index:
1. In yesterday’s (Wed., May 7) live meeting it was noted that the US dollar index was expected to complete a fast advance from the then current price of $79.21 to at/near $79.57 into Friday, May 9 (+/-1 day).
2. Today’s June US dollar index spiked down sharply to $78.93 before recovering and beginning the expected advance. Will message any new entry based upon the above as the market continues to confirm.
June the US dollar index:
1. Today’s (Friday, May 9) June US dollar index completed our Wed. May 7 forecast advance from $79.21 to $79.57 due Friday, May 9 (+/-1 day). Today’s session high has been $79.84, so far. This completes the forecast/trade. Will update.