The Day Ahead: PM Edition 2022-07-20

Now to see what the ECB has to say

Jul 21, 2022

∙ Paid

Bonds

ZB still has a bit more to go to really break lower as it still is interacting with the daily moving averages.

Crude Oil

The wave [IV] idea is still alive as CL is slipping under 99.74. The odds of moving down in [V] increase if CL drops under 96.77. We do have the dominant cycle ready to turn down which should help.

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