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The Day Ahead: PM Edition 2022-09-28

The Day Ahead: PM Edition 2022-09-28

The BOE triggers a bounce across the board

Sep 29, 2022
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2022-09-28
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Bonds

ZB bounced off the 124^20 support this morning after the BOE news but I think it best to allow a series of low degree fourth and fifth waves to play out for final completion of the pattern. Yes, it is late in the game, but I think it wise to wait till near the next FOMC meeting to look for the final low. The alternative is that we only get one 4-5 …

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