Midday Update: 2024-01-23

Waiting for Netflix earnings after the bell

Bonds

ZB retraced as expected but slipped a fraction under 119^30 support. I’m thinking there should be one more pop up to complete form for a small [B] wave but I can’t guarantee that the bounce will be from a higher low.

Lean to a better bounce before lower

Crude Oil

CL was doing well enough earlier today but just couldn’t push past 75.00 and is drifting…