MBO Issue 76 (Apr 2018) Count Down to World Power Reshuffle
Content
- Review
- Euro is Stuck
- S&P Weekly Pullback Mostly Completed
- Gold Shaping Up for Next Move
- Big Picture Summary
Review
Euro consolidation actions all month as expected.
S&P stays in consolidation / pullback as expected.
Gold going nowhere as expected.
High volatility for some, lots of fun for daytraders and overall an easy month to deal with.
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Comments
On the weekly, gold looks to be building a cup and handle. We are at the handle.