USDX Elliott Wave View: Ending Diagonal In Progress

USDX short-term  Elliott Wave view suggests that the rally from 5/14 low 92.24 is extending higher as  Elliott Wave Ending diagonal structure within Intermediate wave (5). Keep in mind that Ending Diagonal usually appears in sub-division of wave (5) of impulse or wave C of Zigzag or Flat. In Ending Diagonal, the internal distribution of each leg is the combination of a 3 waves corrective structure i.

e the internal of wave 1, 2, 3, 4 & 5 usually unfolds as double three, zigzag etc.