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Trading On The Mark
The Day Ahead: AM Edition 2022-02-04

The Day Ahead: AM Edition 2022-02-04

Bonds moving lower is a negative

Feb 04, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-02-04
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Bonds

With the move down in bonds today, I have to assume the next leg down is getting started. Some initial support at 153^05 but I am assuming this is a low degree third wave which has better targets at 152^18 and 151^25.

Moving down in a low degree third

Crude Oil

Last night I suggested that CL would extend, and it has done so. Now I think it quite exten…

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