The Day Ahead: PM Edition 2022-01-12

DX finally retracing

Bonds

ZB had initially recovered old support, now resist at 156^06 before slipping back under 155^28. Certainly would say this is minor negative for the wave [II] bounce forecast but not ready to say a new minor swing low is inevitable. Short term bulls want ZB to hold above 155^06 and reclaim 155^28.

See if a higher low forms

Crude Oil

Crude rose today to …