The Day Ahead: AM Edition 2022-10-31
Happy Halloween! A scary environment for bulls and bears
Bonds
ZB is leaning on initial retrace support at 120^25 this morning. Bias is to lower over the next day or two at which point we see if the FOMC sets a higher low in bonds or a minor new low.
Crude Oil
As I mentioned in the weekly update last night, things can start to go wrong in crude oil as it has failed to really capitali…
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