MBO Issue 130 (October 2022) SHTF Moment
Content
- Review
- Euro Searching for Its Bottom
- S&P Diving Down to Find Support
- Gold Long Term Consolidation Almost Done
- Bitcoin In Deep Sh*t
- 10-Year Note Yield More Upside Likely
- Big Picture Summary
Review
Euro weaken as expected. No surprise there.
S&P failed at exactly first quarter low near 4100 and now toasted. Not a surprise and STOPD rules!
Gold continues to see accumulation at the support zone and early signs of forming a bottom as expected.
Bitcoin searching for support and so far it found none. Going sideway after a prolonged selloff is not a sign of strength.
10-year note yield blasted to new high again, faster than expected which is nice.
Let’s look at what is in store this month.
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