The Day Ahead: PM Edition 2022-02-24
Gold and Oil spike up and reverse, equity indices rocket up out of the hole
Bonds
I was too hasty in assuming (C) of [II] was starting yesterday. Either ZB is consolidating in a (B) of [II] or the high today was a lower degree two and starting down in a third. While above 151^26 and 151^08 I’m leaning to this being a (B) wave low in development and preparing for (C) of [II] up.
Crude Oil
Pretty eventful day…
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