MBO Issue 122 (February 2022) SNAFU

By Lawrence



Content

  • Review
  • Euro Longer Term Bottom Forming
  • S&P Pullback Target Tagged
  • Gold Going Nowhere
  • Bitcoin Chart Is Misread by Too Many People
  • 10-Year Note Yield On Track To Go Higher
  • Big Picture Summary

Review

Euro news shock took it lower yet reversed quickly and recovered higher which confirms the longer term support conjecture from last issue.

S&P corrected back down to previous year midpoint right from the solar-lunar model turning date.

Gold still stuck at the same place as expected.

Bitcoin flushed through the support zone and recovered quickly. Looks like a bottom is finally forming.

10-Year Note yield marching higher as expected.

No real surprises for the month and volatility is here to stay.

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