The Day Ahead: PM Edition 2022-08-08
I doubt any real development takes place prior to the CPI on Wednesday
Bonds
ZB bounced up from the daily moving averages today which is not terribly surprising as the market pops back up into the range while we wait for the CPI number on Wednesday. Bears want to see a lower high form over the next day and the CPI trigger the next move down which should break under 140^25 and confirm a wave [V] down.
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