The weekly chart shows that the dollar is on week 16.



One more daily cycle lasting 18 – 24 days would take the intermediate cycle right into the heart of its timing band where 80% of the weekly cycles find a low.
The last daily cycle of an intermediate cycle is left translated and fails (breaks below the previous cycle low).

This week the dollar peaked on day 5 and formed a daily swing high on day 6.
A break of the dollar’s daily cycle trend line is needed to confirm that the dollar has begun a 10 – 18 day journey to its daily cycle low.

As the dollar dives into its daily cycle low, which should also be an intermediate cycle low, which should power both stocks and commodities in bullish cycles.