The Day Ahead: PM Edition 2022-06-21

Now to see if the equity indices can hold most of the gains

Bonds

Bonds spent today consolidating between 135^04 and 132^29. Prefer 132^29 hold and for bonds to put pressure on 135^04 and 136^13.

Working on wave [IV]

Crude Oil

Crude is starting to drop out of the last consolidation and while at minor support of 105.00, I expect lower as a rule of thumb is that once a diagonal breaks, the start of the diagonal become…