MBO Issue 90 (Jun 2019) Countdown Begins

By Lawrence


  • Review
  • 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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