DXY looks extremely similar to previous impulse wave here. Fib retrace also. Has Oppo affect on stocks, meaning DXY up, Oil down, energy stocks down, commodities down, all stocks down. Dollar talk of weakening and losing reserve status is a given, but think we will let that go without a fight? Dont think so. Dollar rallies here in the currency wars, and stocks pay the price. Gov thinks they can handle a earnings shave, and FED wants that too. Helps slow demand, slow the economy for their soft landing (which will be hard to do - pun intended).