MBO Issue 45 (Sep 2015) High Volatility Season Has Arrived
By Lawrence
Content
- Review
- Euro False Break Out
- S&P Down Trend In The Making
- Gold At Short Term Resistance
- Big Picture Summary
Review
Euro launched itself higher to 1.17 on a huge stop run but it could not stay there and fell back down to 1.12 immediately. Euro has been trading in tight range since.
S&P500 failed to push itself higher from the support zone. Event shock from China led to the pullback everyone talking about. S&P dropped to long term support and bounced.
Gold surged higher after testing previous month low and found support. After testing the long term down trend resistance, gold went into consolidation.
(premium member only content below)
Part of our premium service, login now or upgrade your membership to view this report
