The Day Ahead: AM Edition 2022-02-08
Did SPX set a lower high in the lunch hour?
Bonds
ZB followed the plan put forward from yesterday that it would be nice to see lower to test 152^18. Notice that we have a cycle low projected for this area and the Wave 59 9-5 study is on a ‘9’, an exhaustion signal. Now short-term bulls need to recover 153^05 to get a wave [II] bounce started.
Crude Oil
The good news is th…
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