The Day Ahead: PM Edition 2022-04-19

Most markets appear to be putting in at least short-term reversals

Apr 20, 2022

∙ Paid

Bonds

ZB continued its relentless push lower today. I still think this is a wave (III) of [III] that should be due for a bounce soon. Next group of supports at 138^11 to 137^18. Resist for a wave (IV) at 140^02 and 142^00.

Should be due for a wave (IV) bounce soon

Crude Oil

Nice move down in crude today which appears to be in early stages of wave c of (a) d…

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