MBO Issue 49 (Jan 2016) 2016 The Opposite Year
- Euro Down Trend
- S&P 2nd Year in a Bear Market
- Gold Bottoming Process Begins
- Big Picture Summary
Euro held up well until end of the month as expected and dropped lower since. S&P failed to clear previous year close zone and dropped to 2030 and broke below 2000 as mentioned in last issue. Gold went sideway into year end. Overall a quiet year end with no surprises.
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