DXY, new options - Market Analysis for Mar 27th, 2020

DXY: we have a poke below the signal line at the 99.15 level. It means that we may be witnessing initial signs of reversal to the downside.
So far I maintain the same order of probability of the counts - but further decline below 98.81 would be the reason to refuse the Primary count and adopt the Alternate 2 as a new primary.

Ending diagonal to the upside would be my new alternative scenario then (I will need over 101.05 to post that option).

BaseCase - .DXY - Alternate 2 Micro - Mar-27 0626 AM (4 hour)
BaseCase - .DXY - Alternate 2 Micro - Mar-27 0626 AM (4 hour)
BaseCase - .DXY - Alternate 2D - Mar-27 0619 AM (1 day)
BaseCase - .DXY - Alternate 2D - Mar-27 0619 AM (1 day)
BaseCase - .DXY - Primary Micro - Mar-27 0619 AM (4 hour)
BaseCase - .DXY - Primary Micro - Mar-27 0619 AM (4 hour)
BaseCase - .DXY - Primary D - Mar-27 0619 AM (1 day)
BaseCase - .DXY - Primary D - Mar-27 0619 AM (1 day)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.