The Day Ahead: PM Edition 2022-05-23
A decent push up today in the equity indices. Now can they form a higher low
Bonds
ZB rejected 141^25 and fell back to 140^12 and the daily moving averages. I think this is a good spot for wave (A) of [IV] to complete but need under 140^12 for confirmation that (B) of [IV] has started.
Crude Oil
A wave [II] candidate on this lower high that formed today. Now need a drop under 109.45 for confirmation. 105.70 is the …
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