The Day Ahead: AM Edition 2022-04-28
After a scare, equity indices come back to life
Bonds
ZB tested 140^14 this morning and has recovered 141^04 and thus short-term positive. I don’t like the form of this decline as a B wave though as it looks like five tiny waves down from April 26th and thus I’m open to a lower high forming on this bounce and another attempt at lower. Resist at 141^27 and 142^17.
Crude Oil
CL held suppor…
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.