MBO Issue 129 (September 2022) Signs of System Failure In Place
By Lawrence
Content
- Review
- Euro Meltdown
- S&P Stuck in a Down Channel
- Gold Accumulation Continues
- Bitcoin Searching for Support
- 10-Year Note Yield Still Pushing Higher
- Big Picture Summary
Review
Euro meltdown in progress as expected.
S&P spiked higher into the resistance zone highlighted in last issue and collapsed hard after Powell made it clear what the Fed will do next.
Gold continues its accumulation as expected.
Bitcoin consolidated and resumes its down move as expected.
10-Year Note Yield about to challenge the year high now as expected too.
Everything happening as expected last month and let’s see what is in store this month then.
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