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The Day Ahead: PM Edition 2022-07-11

The Day Ahead: PM Edition 2022-07-11

Equity indices struggle to hold a shallow retrace

Jul 12, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-07-11
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Bonds

Bonds bounced today from 136^31 which was expected. Now to see if they form a lower high in the next day or two. Would be bears need 136^31 to fail to get the next step down in either (B) of [IV] or [V] started.

Looking for a lower high to form

Crude Oil

Crude stayed trapped between 101.60 and 104.80 today. Not much to say till it comes out of the ran…

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