The Day Ahead: AM Edition 2022-09-28

Finally get an equity bounce though not yet clear if it turns into a deeper retrace up

Bonds

Bonds also join in on the bounce as ZB reversed the last couple of days of declines. This is enough to invalidate the count I put forth last night which was expecting one more minor low. I’m now reverting back to the prior form and expecting a bounce relative to the August 10th lower high in ZB. While above 126^13, bias is up to test 128^28.

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