The Day Ahead: PM Edition 2022-06-14

The CPI number from last week still being felt

Jun 14, 2022

∙ Paid

Bonds

ZB was weak on Monday as it pushed to a new swing low. As I mentioned first on the weekly chart and on the intraday chart earlier, I’m leaning toward treating this low as wave [III] and allowing a wave [IV] bounce to commence. The alternative is to treat this low as a (B) wave low in wave [IV] and allow for a bounce to complete [IV]. Both are simil…

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