The Day Ahead: PM Edition 2022-04-07
Equity indices trying to climb out of the hole, crude and Euro soft
Bonds
ZB moved lower to test the next wave [III] target at 144^09 today. I can’t rule out lower while under 145^04 but it is very late in the move and the cyclic smoothed RSI, at the top of the chart, is developing positive divergence. Also note that the dominant cycles are starting to turn up.
Crude Oil
CL leaned hard on the minimum tar…
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.