MBO Issue 124 (April 2022) Risk of Extreme Volatility

Content

• Review
• Euro Searching for a Bottom
• S&P Correction Over?
• Gold Complex Top in the Making
• Bitcoin Survived
• 10-Year Note Yield Target Reached
• Big Picture Summary

Review

Euro trying hard to hold the channel expansion target with extreme swings both ways around that.

S&P broke the steep down trend line and recovered quickly above 4500 as predicted.

Gold tagged the long term up channel top and also the all-time-high. We’ve got what I am looking for.

Bitcoin survived the sudden wave of bearish talks and recovered higher from the long term channel bottom. No surprise there too.

10-Year Note Yield hit my upside target right on time. Don’t ask me why but that’s how market functions.

Another reasonably predictable month is now over.

This month will have a lot of surprises in store. Be ready.

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