The Day Ahead: AM Edition 2022-05-09
Bonds, crude on plan with possible reversal, equities the problem children at the moment
Bonds
While bonds did initially push lower in the early morning, it is nice to see them recover that drop and trying to get on top of 136^08. Is the wave [III] low finally in? Maybe. Bulls need to base above 136^08 and grind toward 138^04 which is the first real test of their resolve to bounce.
Crude Oil
Quite pleased with the d…
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