The Day Ahead: PM Edition 2022-05-10
The CPI tomorrow morning will either start a rally or crush the equity indices
Bonds
Bonds stayed on plan pushing up today. I suspect this is wave (A) of [IV] in development and should find a way to test 140^12 at a minimum before any selling pressure.
Crude Oil
CL continued lower today in order to put pressure on support at 93.31. I expect lower later but probably best to assume a bit of bounce first. Initial r…
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