The Day Ahead: AM Edition 2022-04-13
Initial bounce in the equity indices but not an all clear for bulls just yet
Bonds
Nice move up in bonds this morning to test the first major hurdle at 143^17. Over 143^17 is needed to confirm wave [III] is complete and that a wave [IV] bounce is getting started. While under 143^17, there is still a chance that wave [III] extends lower. Net, anyone on an aggressive long trade should manage.
Crude Oil
CL has push…
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