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Trading On The Mark
The Day Ahead: AM Edition 2022-08-19

The Day Ahead: AM Edition 2022-08-19

Bonds moving lower again after Fed comments

Aug 19, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-08-19
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Bonds

ZB accelerated lower overnight and continued lower this morning to nearly test a first support at 138^04. Best any bounce remains under 139^11 and bonds continue lower toward 137^02 in a third wave.

Early in wave (III) down?

Crude Oil

Crude initially made a press up today but is starting to consolidate. Perhaps due for a tiny wave two before advancing…

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