The Day Ahead: PM Edition 2022-04-20

A choppy day in the S&P 500, Bonds finally bounce a bit

Apr 21, 2022

∙ Paid

Bonds

ZB bounced from just above support at 138^11 and a harmonic of the Andrew’s Channel. I’m penciling in this bounce a (IV) of [III] and thus think there will be another low before a better bounce. Next overhead resist at 142^00. May trade mostly sideways for a few days.

Crude Oil

Crude poked a little under 102.00 today but in the e…

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