Midday Update: 2024-05-13

A choppy slow news day

May 13, 2024

∙ Paid

Bonds

ZB is attempting to climb up from the 115^30 support. I’m assuming that this is a wave [V] in the early stages which on a new swing high will complete the first impulse up in bonds from the (b) wave low.

Crude Oil

CL is firming up against the 78.15 support which could indicate that crude is early in [C] of ii up.

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