Day trading strategy dollar index

We have some big clues from the dollar index this morning
which will help define our day trading strategy.  First, the heat map says the dollar index is
moving lower, which means we will try to buy on the long side this morning for
the high-percentage trades.  The 89range
chart on the dollar index shows us basically the same thing we saw yesterday,
lots of overhead resistance, trigger-zone resistance and the PLOD is the
transitional area where the buyers lose control and the sellers take price
lower.  Furthermore, you can see the
major and minor AB=CD Pattern which also tells us the sellers are trying to
move this price lower.

Our plan this morning for trading with the dollar index correlation
is to use the major support and resistance we find on the 89range chart to look
for easy reversals and the highest percentage trades, and then we use the
much-faster 13range chart to find the short-term-trend so we can trade with
that trend.

We dig into the 13range chart and we find the short-term-trend
is lower, with 2 bearish price channels and a new BULLISH AB=CD Pattern which
has perfect symmetry in the new bear price channel.  We can expect price on the dollar index to
try and complete the AB=CD extension so this goes right along with the plan
from above.