The Day Ahead: AM Edition 2022-10-12
Choppy trade ahead of CPI tomorrow
Bonds
ZB mostly sideways today filling out a possible fourth wave correction. Bias is to another low but to beat a dead horse, I remind you that it is very late in the swing.
Crude Oil
CL took another leg down this morning but those trading on lower time frames should be wary of a bounce from 86.55. I’m giving bears the benefit of th…
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