What a week. Many are getting ready to turn now. They finally are finishing up their consolidation patterns.

Dollar--this one just keeps changing. I was looking for it to turn higher here. About .618 @80.5--does not seem like it has the power to form. If it does before the lower scenario happens. This would be wave -e-.

What the analyst has to watch here now. I relabeled it another way to consider and still viable.

Yeah, I know. Waves are not cracked up to be what some make of them for accuracy of knowing.

Either that--or they know something I do not know.

What I am watching for this week. Is the pattern going out and hitting red line without much retrace. If it does that it will start the final wave down. Most likely just tagging a new low before starting the up trend. What I call a double bottom.

Will see which way the market chooses to go this week. I chose the double bottom--but then I have to play with whatever happens.