The Day Ahead: AM Edition 2022-10-18

Now we wait for Netflix earnings

Bonds

Well, ZB elected the alternative path from when I last posted this chart in the very early morning as it leaked to a new low under the October 13th low. That said, it has developed an ending diagonal look which could be a precursor to a reversal up. There are two problems to be mindful of with these wedge formations. One, is that they can grow in s…