The Day Ahead: AM Edition 2022-04-22
Equities following-through with lower
Bonds
ZB has been spending time sideways which is consistent with the wave (IV) hypothesis. ZB is starting to spend time under 140^14 which is a slight positive for moving lower in wave (V) of [III]. Looking for at least a retest of the last low or a new low to say 138^03 or even 136^13.
Crude Oil
CL is starting to slip under 103.4…
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