The Day Ahead: PM Edition 2022-09-21
The dot plot sinks the equity markets
Bonds
ZB retested the low from the day before and bounce to just under first resistance at 131^11. I’m allowing for the possibility of rising in a (IV) now before an eventual new low. The alternate is wave (i) is complete, but I’m not reverting to that unless over 134^19 at some point.
Crude Oil
CL did fall today but I can’t be cert…
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