Bonds
ZB pushed past 160^14 today to test 160^23 which was rejected. I’m penciling in that as the end of (A) of [II] and now in a (B) of [II] retrace. A reasonable target for (B) would be 159^05 which coincides with a retest of the daily moving averages. Alternate would call this a shallow wave [II].
Crude Oil
Little real change in CL today…
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