The Day Ahead: AM Edition 2022-06-01
Scary morning in the equity indices but recovering in the early afternoon
Bonds
ZB stayed on plan by pushing lower to test 138^04. Next support is at 137^15 but this can be enough for A of (B) of [IV] so short-term bears need to manage.
Crude Oil
Nice to see CL attempting to push down away from 117.50. Bears start to take control under 114.35 which should open the way to push for 112.20 or 110.50.
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