US dollar
Look at the chart of the US dollar. Bearish flag all over. There are 2 bearish flag in the picture where it is a failure. There are bearish flags within a big bearish flag. The triangle in the picture is the pennant or triangle with the false break out happening usually in the 60 to 70% mark.
Hope it is useful. Bearish flag do produce market drop.
We are in a long holiday this week. The market have went up. Would it substain? My take is to see monday. Good Friday or Easter holiday is well respect and obey by many people world wide. Fund managers or traders would take their holiday and would not be in the market. So when monday is back, when traders are in, we may see the correct direction coming in.
Cheers
