The Day Ahead: AM Edition 2022-05-13
Equity indices continue to bounce but not yet out of danger
Bonds
Looking like (A) of [IV] is now complete and in the early stages of wave (B) of [IV] down. Minor support at 138^06 can trigger a bounce but favor an eventual push to the lower end of the range around 136^19.
Crude Oil
My fears expressed last night that wave b was still in developed have proved founded as CL is up this morning. Tha…
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