"Euro" Posts
MBO Issue 100 (Apr 2020) Fire the Idiots Who Try to Interpret the Moving Average of the Daily Death Updates
By Lawrence
Content Review Euro Breakdown Mode Begins S&P Done with the Upside Gold Consolidation Continues Big Picture Summary Review Euro pullback to retest the breakout down channel top turned into all out selloff for a new low, filling the long time open gap no less. Then volatility went wild and spiked around the same channel line […]
MBO Issue 99 (Mar 2020) Time to Reform the Central Banks
By LawrenceContent Review Euro Down Channel Breakout S&P Correction Has Begun Gold Reached Short Term Upper Target Big Picture Summary Review Euro test of 2019 year low as expected. The surprise is that it staged a very serious rally. S&P is best summed up with what I wrote in last issue, “I expect a maximize of […]
MBO Issue 98 (Feb 2020) The Unintended Consequence of Fed Managing Market Volatility
By LawrenceContent Review Euro Moves Back Into the Channel S&P Support Defended, Now What Gold Needs to Prove Itself Big Picture Summary Review Euro collapsed back down like clockwork as expected. The sudden steep pullback happened in S&P as predicted. Whatever excuse leading to the result does not matter. Gold holding up at 2019 year high […]
MBO Issue 97 (Jan 2020) It Is All About the Election
By LawrenceContent Review Euro Decision Time S&P New Year New Challenges Gold Main Upside Objective Fulfilled Big Picture Summary Review Euro year 2018 low resistance retest right at the end of last year and still failed to clear the resistance. Nothing new there. S&P 3060 support never challenged during the holiday season. Shorts have no place […]
MBO Issue 96 (Dec 2019) Let the Chaos Begin
By LawrenceContent Review Euro Not Ready To Move Yet S&P Moment of Truth Gold Pullback Window Almost Over Big Picture Summary Review Euro is stuck as expected thanks to Brexit and other mess they are dealing with. S&P managed to hold well above the key price level and forced a squeeze higher. Even the news shock […]
MBO Issue 95 (Nov 2019) Time to Sell
By LawrenceContent Review Euro Not the Time to Touch It S&P Delaying the Inevitable Means a Steeper Correction Ahead Gold Shaping Up for More Upside Big Picture Summary Review Euro another try to break the channel resistance. Outcome still to be decided. S&P spent 3 weeks in correction and the US-China trade deal plus stellar earnings […]
MBO Issue 94 (Oct 2019) The Showdown Month
By LawrenceContent Review Euro Too Weak to Find a Bottom S&P Correction Continues Gold Taking a Pause Big Picture Summary Review Euro continue to print lower lows as expected. S&P break of 2940 gave us the drop expected. Target of 100+ points was posted in real-time commentaries. Not bad at all. Gold went into consolidation as […]
MBO Issue 93 (Sep 2019) Trump and Chaos
By LawrenceContent Review Euro Parabolic Sell S&P Bearish No Matter What Gold Reached First Target Zone on Weekly Big Picture Summary Review Euro fell through the crack as expected. Down channel still in force. S&P sell off from 2940 multiple times magically. It worked twice in a row with more than 100 points profit. The third […]
MBO Issue 92 (Aug 2019) Enter the High Volatility Season
By LawrenceContent Review Euro Right Shoulder Support Crumbled S&P Seasonal Correction Begins Gold on Track Going Higher Big Picture Summary Review Euro failed to hold the 1.12 area support and flushed to my target 1.104 area. S&P topped out right under my target zone 3040 and started a very serious selloff. Gold held up well at […]
MBO Issue 91 (Jul 2019) Dangerous Time
By LawrenceContent Review Euro Another Attempt to Stop the Downtrend S&P Updrift Continues Gold Bullish with a Catch Big Picture Summary Review Euro found temporary low and shot up to 1.14 and my suspicion about trapped long above 1.14 materialized with a steep selloff back down from there. S&P breakout play from last issue gave us […]
