The Day Ahead: AM Edition 2022-04-12
Equities and bonds bounce in the morning
Bonds
Looking like we may finally have the wave [III] low set in ZB as it firmed up at 141^14 to 141^01 and is putting pressure on the first resist to beat at 143^17. It may dither here a bit before breaking through. Not a problem as long as it holds above 142^14. Over 143^17 is initial confirmation of being early in a wave [IV] bounce.
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.