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Trading On The Mark
The Day Ahead: AM Edition 2022-10-07

The Day Ahead: AM Edition 2022-10-07

Rate hike expectations up after the NFP numbers

Oct 07, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-10-07
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Bonds

ZB is extending lower after a shallow retrace to test 127^06. Could now be moving lower in a wave [III]. Next support at 125^13 but if a third should see a tap of 124^08 or 123^14.

Declining in a third?

Crude Oil

CL up with some force this morning after breaking up through 89.95 but I caution against looking for follow-through higher. This is looking …

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