Day trading strategy for dollar index correlation

The dollar index day trading strategy uses multiple
timeframes, beginning with the 89 range chart we are looking for the most
important support and resistance levels that can be considered turning points
in the market today.  We will use the
faster timeframe 13 range to find the short term trend so we can trade against
that trend.

The 21 range on the dollar index shows us a bull price
channel, giving us a directional clue today, along with the AB=CD Pattern which
projects overhead resistance just below 80.200. 
we can see multiple trigger-zones below us from the various swing-lows
and the recent main swing-high.  This chart
shows us the short term trend has almost broken down, with new lower-lows and
lacking new higher-highs so we will keep an eye on a sideways market for the
rest of the morning.  If price rises
higher we will see resistance at the trend lines overhead, along with the PHOD.  If price moves lower we see support at the
79.600 area inside the trigger-zone below us. 
The way this market personality looks currently this market will trade
sideways here for a little while this morning so let’s stay patient.  The best trades come when the dollar index is
trading at support and resistance.