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Trading On The Mark
The Day Ahead: PM Edition 2022-08-23

The Day Ahead: PM Edition 2022-08-23

Crude staying on plan moving higher

Aug 24, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-08-23
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Bonds

ZB slipped a little lower on Tuesday but with the RSI oversold and the fastest of the of dominant cycles turning up, I can’t see being very bearish in the short-term. I still favor a bounce attempt before a renewed push lower.

Bias to a bounce before lower

Crude Oil

CL is on plan as it is now retesting the August 11th high. Should be working on [III] …

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