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Trading On The Mark
The Day Ahead: PM Edition 2022-06-16

The Day Ahead: PM Edition 2022-06-16

Equity indices were lower today but form implies a bounce or more soon

Jun 17, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-06-16
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Bonds

ZB stayed on plan today with a rise up to 135^04. Might still see a try form 136^13 but should expect it to chop around for a few days before trying higher.

Early in a wave [IV]

Crude Oil

CL now should be in the first leg of a bounce that forms a lower high. Resist at 119.40 to 120.80.

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