The Day Ahead: AM Edition 2022-07-05
Crude bears prevail
Bonds
Bonds reversed the retrace in the thin holiday session and are retesting resist. This still looks like a developing high to me. Notice that there is now negative divergence on the adaptive CCI and at a projected cycle high. Would be bears need ZB under 140^08 to get any traction.
Crude Oil
Nice drop today in what should be …
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