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Trading On The Mark
The Day Ahead: AM Edition 2022-11-02

The Day Ahead: AM Edition 2022-11-02

FOMC Day

Nov 02, 2022
∙ Paid

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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2022-11-02
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Bonds

ZB just meandering near the 120^25 support prior to the FOMC statement. Bias remains to lower to test 119^17 or 118^29 but needs 120^25 to break first.

Bias to lower but need this support to break first

Crude Oil

This is a tricky spot in CL as we did get the minor new high over the October 27th high in crude today. I suppose the bias is up above 89.67…

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