MBO Issue 49 (Jan 2016) 2016 The Opposite Year

By Lawrence

MarketBiasObserver

Content

  • Review
  • Euro Down Trend
  • S&P 2nd Year in a Bear Market
  • Gold Bottoming Process Begins
  • Big Picture Summary

 

Review

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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Comments
  • melvyn January 4, 2016 at 11:05 am

    Any light to shed in trading cable LC? Is it going to be similar to eurousd?

    • Lawrence January 4, 2016 at 1:21 pm

      Main turning points in Euro will be very similar to Cable as macro matters becoming the focus among all market players now.

  • melvyn January 4, 2016 at 4:56 pm

    Ok LC thks

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