The Day Ahead: PM Edition 2022-06-14
FOMC Eve
Bonds
ZB leaked a little lower today to lean on the next support at 131^26. I lean to treating this drop as (V) of [III] and due for a wave [IV] correction up soon. If there is a spike on the FOMC decision, watch 129^18 and 128^19.
Crude Oil
Promising action in CL today as it poked to a new high and fell to put pressure on support at 1…
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