The Day Ahead: AM Edition 2022-02-10
Did the equity indices start a retracement lower on the CPI number?
Bonds
ZB broke under 152^18 on the CPI print and is now headed to next support at 151^17. I am still penciling this in as late in V of (V) of [I] with the alternate being V of (I) of [III] if the February 2nd bounce high was a [II] instead of a (IV).
Crude Oil
CL couldn’t really get under 89.35 and hence I have to give bull…
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.