The Day Ahead: AM Edition 2022-01-04
Bonds continue lower
Bonds
ZB is extending lower this morning. Can argue that it is getting a bit overdone, notice the exhaustion signal from the Wave59 9-5 study, but bias is lower to test 155^31 or 155^18 before much of a bounce. Old supports at 156^21 and 157^03 should now act as resist on any small bounce. The Lomb suggests we can see lower supports tested tomorrow or Th…
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