MBO Issue 135 (March 2023) Is The System Cracking
By Lawrence
Content
- Review
- Euro Is Stuck
- S&P Monthly STOPD Dynamics in Control
- Gold Is Stuck Too
- Bitcoin Weekly Down Trend Resumes
- 10-Year Note Yield Wait and See at Support
- Big Picture Summary
Review
Euro consolidated within the up channel as expected.
S&P FBO on daily together with breadth analog forecast for a sell shock nailed it perfectly.
Gold messy consolidation as expected.
Bitcoin rejected by the resistance zone and now moving lower to support. No surprise there.
Breakout of resistance down trendline and gave us a good pop higher as expected.
February was a nice predictable month. Now that we are facing the SVB issue, things will get very complicated quickly this month.
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