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The Day Ahead: AM Edition 2022-05-05

The Day Ahead: AM Edition 2022-05-05

An important day for the direction of the equity indices

May 06, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-05-05
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Bonds

ZB made an attempt to bounce from 136^13 but couldn’t make it past 137^28 and fell back under 137^03 and is now acting like it plans to test 136^13 again or even just past to 136^02. That said, I still think it very late in wave [III] so be careful if you are trading short.

Might need a tiny new low

Crude Oil

Crude has spent the morning bumping up aga…

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