U.S. Dollar: Has the Mainstream Been Way Too Confident?

Investors who use Elliott wave analysis know that the main price trend of a financial market subdivides into five waves. Also know that wave 1 and wave 5 are often approximately equal in length. That knowledge helped the Global Market Perspective, a monthly Elliott Wave International publication that covers 50-plus financial markets, make a successful call on the U.S. Dollar index. The November issue showed a monthly chart which dates back more than 14 years