The Day Ahead: PM Edition 2022-10-05

Equities recover from the overnight and early morning drop

Bonds

ZB is finally falling away from 129^09. I have it penciled in a direct move to a new low but be aware that it could easily turn into a triangle which would chew through time and time the next low to be near the end of the month.

At least the high in wave (iv)

Crude Oil

Crude now has a projected high on the dominant daily cycle with the RSI now in over…