MBO Issue 25 (Jan 2014) 3 Main Themes For The Year
- Euro Weekly Setup In Place
- S&P Buying Opportunity
- Gold Bulls Defeated
- Big Picture Summary
Euro did not quite get the best case scenario to 1.40. 1st quarter high was tagged but failed to close on daily above the resistance zone.
S&P rallied all the way to year end as expected from last issue.
Gold failed to clear the resistance zone as expected due to strong weekly bearish trend. Printed new year low on the last day of the year.
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