The Day Ahead: AM Edition 2022-10-10
Looking for an equity low today followed by a couple days of bounce
Bonds
ZB made a fresh swing low this morning. While I’m penciling this in as [III] of v of (v) of [i], and thus needing one more low, it is extremely late in the game and caution against being overly bearish down here.
Crude Oil
A small poke over 92.50 today for a new swing high but doesn’t look like they can hold it up. I expect…
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