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The Day Ahead: PM Edition 2022-08-02

The Day Ahead: PM Edition 2022-08-02

Did bonds set a corrective high today?

Aug 03, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-08-02
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Bonds

I’ve illustrated the two counts that I think are most probable in ZB. I still have a preference for the lower order fourth and have plenty of room before there is overlap with wave [I]. As much as I want to pound the table for a corrective high being set, it is best to wait till a break under 141^20 and the moving averages.

Looking for a move lower …

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