The Day Ahead: PM Edition 2022-03-07
A possible crude high
Bonds
ZB made a run for the 62% retrace today but came up short and fell back under a minor resist at 160^00. Looks to be pretty late in the development of wave [II] but still could push higher or hold while above 157^12. Note that there is negative divergence on the cyclic smoothed RSI at the top of the chart.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.