MBO Issue 90 (Jun 2019) Countdown Begins
- Euro Downside Time Window Used Up
- S&P Daily Pullback Target Tagged
- Gold Bullish Scenario Intact
- Big Picture Summary
Euro had a moment when US Federal Reserve indicated that they can be flexible with interest rate. That caught many people by surprise, especially though who had be short for a long time.
S&P first weekly pullback happened as I projected. We got the downside target of 200 points below year high too.
Gold upside move surprised many. Breakout play to the upside confirmed.
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