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Trading On The Mark
The Day Ahead: 2022-03-03

The Day Ahead: 2022-03-03

Can gold reverse lower?

Mar 04, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: 2022-03-03
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Bonds

Bonds bounced past 157^04 today which weakens the case for the wave [II] high being set. If bonds fail to reject 158^05 tomorrow, we will probably have to accept higher next week and maybe into the FOMC meeting on the 16th.

Important to set a lower high tomorrow

Crude Oil

With a possible cycle high and divergence, I can’t endorse trying to chase CL hi…

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