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The Day Ahead: AM Edition 2022-08-03

The Day Ahead: AM Edition 2022-08-03

Bonds have some follow-through down early

Aug 03, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-08-03
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Bonds

ZB has had some follow-through lower of the drop yesterday into this morning which is a positive for the wave [IV] thesis. I would like to pound the table for a reversal but it probably wise to be cautious while above 140^14, a 38% retrace of the mid-June low to this high. Bears want to see a lower high form over the next several days. Initial resi…

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