The Day Ahead: AM Edition 2023-03-28

Is the lower high in crude set?

Mar 28, 2022

∙ Paid

Bonds

ZB pushed lower to make a new low early to test support at 146^14 and has been moving up since. I’m penciling in the low as (III) of [III] with initial resist at 148^21 and higher at 149^26 and 150^13. The alternate is the low was wave [III] and now on a wave [IV] bounce.

Crude Oil

Crude is pushing lower from a possible b wave …

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