The Day Ahead: PM Edition 2022-09-13
A hot CPI triggers chaos
Bonds
Bonds moved lower today though I still can’t guarantee that the wave (IV) is finished. Another option is that there may be a small ending diagonal starting to form. Bias is still lower to a new low for the year to complete the first impulse down from the bond high.
Crude Oil
CL made a minor push down to a minor suppor…
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