The Day Ahead: AM Edition 2022-05-25
The bounce high in bonds set?
Bonds
ZB behaving a bit better today for the short-term bearish forecast for a completed (A) of [IV]. First confirmation is a drop under 141^14.
Crude Oil
Another tight range day as CL is still stuck between 111.15 and 109.40. I favor a lower high and a break lower but need proof first.
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