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The Day Ahead: PM Edition 2022-08-15

The Day Ahead: PM Edition 2022-08-15

Crude slips early but attempts to recover

Aug 16, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-08-15
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Bonds

ZB continued to bounce today and is testing initial resist at 141^22 now. I wouldn’t be surprised to see bonds try to push a little higher to test 143^02 or 144^00 before the next attempt to push lower to test 139^03.

Now to form a lower high

Crude Oil

Crude was under pressure today and did make a minor new low under 87.30 before a bounce. I’m treati…

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