Technically, we finished the right shoulder now, and now could expect to start a new journey soon, now wait for some correction of the gap (better to see a flag in smaller picture).. if you are afraid miss the train this time, make a plan, add position gradually during the correction procedure, all SL should be under 52, and allow your account to be healthy if you had a wrong trade..
and here attached the bigger picture, to show the Right shoulder, but now it break already
Komen
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this is why i say 62 for the next trade and what to expect right now in the smaller picture
sorry for the weekly target outlook 62, it did send the info clearly above, see this one
Komen
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should take care if it pull back deeper
Komen
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short termly looking for a sell, mid term still looking for buy the impulse
Komen
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looks like break down this double support here.... don't jump in buy now followers, although this idea at the beginning suggest so..i changed the buy idea here at this level, will see 49 firstly then correction then may be one more down to the next big support
Komen
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And this move quite like DXY in past days, drop through the bullish trend line support, will they both kiss the former Trading range upper boundary or even the big support in daily-weekly chart? (DXY Chart below)