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The Day Ahead: AM Edition 2022

The Day Ahead: AM Edition 2022

Bonds bouncing as equities hold overnight gains

Aug 25, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022
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Bonds

ZB is finally getting the anticipated bounce started. I have sketched in the alternate I mentioned last night and promoting it to primary. This is a leading diagonal down with an extended fifth. Now early in a wave (II) bounce. Next resist at 138^16 but 139^24 would be more typical. If there is a reaction to 138^16, that might be a sign that wave (…

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