I produced the chart below for Doug Short yesterday and sent it to him before the market opened, which he posted last night (see post here)
CLICK ON CHART TO ENLARGE
What this index does can influence many markets around the world. Support is support until broken. Right now at (3) this key global index finds itself on support! This flag pattern suggests big opportunities are ahead for this index, since flag patterns the majority of the time suggest a huge move is in the making!