"Euro" Posts
MBO Issue 51 (March 2016) Special Update
By Lawrence
March 16th, 2016 Special Update on S&P, Euro and Gold. The rally with S&P500 is progressing as expected while Euro found support at PQM so far. Gold drifting at the resistance zone after its push higher last month. Now that the custom market breadth is telling us something is about to change. (premium member […]
MBO Issue 51 (March 2016) Embrace the Grey Swan
By Lawrence
Content Review Euro Weekly Down Trend Resumed S&P500 Surprises Everyone With a Bounce That is Way Too Strong Gold Tagged First Upside Target Big Picture Summary Review Euro popped higher as projected in a short squeeze fashion cleaning out the weak shorts. Since then Euro collapsed straight back down to where the rally started. […]
MBO Issue 50 (Feb 2016) Day Trading Heaven
By LawrenceContent Review Euro Short Side Too Crowded S&P500 Bearish January and Its Implications Gold Move Back To Resistance Big Picture Summary Review Euro tagged the long term support line early Jan and bounced. However it was trapped below the midpoint of the last quarter of year 2015. Euro defended 1.08 and headed for 1.10 […]
MBO Issue 49 (Jan 2016) Special Update 2
By LawrenceJan 17, 2016 Special Update on S&P and Euro My predictions made at the end of year 2015 on the stock market has now materialized. Further changes in the market breadth conditions is giving us more clues on what to expect from the stock markets and currencies. The bounce forecasted last week worked out. […]
MBO Issue 49 (Jan 2016) Special Update
By LawrenceJan 10, 2016 Special Update on S&P and Euro. Last special update in December gave us a great selloff into last week. Now that custom market breadth readings across all 3 indices have produced a new condition that we should pay attention to. The continuous expansion of volatility will further magnify the swings in […]
MBO Issue 49 (Jan 2016) 2016 The Opposite Year
By LawrenceContent Review Euro Down Trend S&P 2nd Year in a Bear Market Gold Bottoming Process Begins Big Picture Summary Review Euro held up well until end of the month as expected and dropped lower since. S&P failed to clear previous year close zone and dropped to 2030 and broke below 2000 as mentioned in […]
MBO Issue 48 (Dec 2015) Seasonal Play In Full Force
By LawrenceContent Review Euro Turbulent Down Trend S&P Weekly Consolidation Gold Hanging On Big Picture Summary Review As of Dec 3rd, Euro tagged 1.05 minimal target mentioned last month and took off due to ECB’s actions and comments. The breakdown play worked out perfectly. S&P pullback from previous year high happened like clockwork and […]
MBO Issue 47 (Nov 2015) The Almighty US Dollar
By LawrenceContent Review Euro Retest of Year Low in Play and Potential Downside Targets S&P Fight at Previous Year High Gold in Weekly Bear Flag Big Picture Summary Review Euro challenged channel mid and stalled from there. This gave us the target of channel bottom. Euro eventually got there and broke below. S&P formed a […]
MBO Issue 46 (Oct 2015) War Time
By LawrenceContent Review Euro In Complex Weekly Bear Flag Formation S&P In Breadth Correction Mode Gold Bearish Scenario Intact Big Picture Summary Review Euro struggled around 1.12 yet refused to go below 1.11. Attempts from European officials to pop euro back up through rumours and lies continue to affect euro price level but failed to […]
2016 Predictions on Stock Markets, Currencies and Gold by Lawrence Chan
After having too much fun at dinner parties and alcohol consumption, I am joining the crowded game of making predictions of the financial markets for the coming year 2016. Last time I did sometime similar was way back in 2013. It is going to be fun to see how right (and wrong) I am with […]