The Day Ahead: AM Edition 2022-09-20
Interest hike fears cause weakness in equities
Bonds
Equities are on the back foot from interest rate hiking fears, but I find that funny as 30-year bonds might be setting an important low this morning. Form for a completed wave (i) looks reasonable with the spike down early this morning. Note how ZB quickly recovered and is putting pressure on initial resistance at 130^10 as I type. I have been sayi…
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