The Day Ahead: AM Edition 2022-04-21
Equity indices under pressure
Bonds
ZB rejected 141^22 and fell under 140^19 this morning which suggests wave (IV) is complete and now in (V) of [III] down. I hesitate a little on the forecast for a new low because wave (IV) looks a little too simple. Maybe I’m just overthinking it. Ideally, we get a new swing low around 138^03 or 136^13 to complete wave [III].
Crude O…
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