The Day Ahead: AM Edition 2022-05-18

Bears defend the overhead gap in the equity indices

May 18, 2022

∙ Paid

Bonds

Bonds have been rising from 138^06 and have pushed above 139^02 this morning which is a positive for the forecast of a B wave low and now up in C of (A) of [IV]. Initial resist being tested at 140^14 but think that more of a speed bump than a target for C of (A) of [IV].

Crude Oil

Nice drop in CL today which is in line with the b wa…

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