MBO Issue 50 (Feb 2016) Special Update
Feb 13th, 2016 Special Update on S&P, Euro and Gold.
In the February issue of MBO, I correctly predicted that Euro will not be able to go lower while S&P will be forced to retest the low of the year. Gold pushed higher as forecasted back up to tag the midpoint from previous year and now trading at its resistance zone.
Custom breadth chart on S&P 500 as of Feb 12, 2016 below.
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