it seems we were correct with our bullish pennant and market breakout call for the US dollar just 24 hours ago.
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| pennant breakout |
As you can see below, the USD took just 24 hours for the pennant to break to the upside just as we were predicted :-)
This bullish pennant and market breakout for the US dollar makes it even stronger now and it may be a game changer.
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dollar is going up a lot. Feb was the time to buy the dollar. It has a triple low. Market is coming down. Liquidaty is beginning to tigthen. Even in the US treasury market liquidaty is running 40% of what it was in 2007
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