The Day Ahead: PM Edition 2022-12-07
Consolidation in the equity indices
Bonds
ZB is being a bit of a problem child as it extended higher today to just short of the 25% retrace to the August 2020 high. There is an exhaustion signal on the intraday chart from the 9-5 study and just one short of an ideal signal on the daily chart. I still think this is very late in the advance but fading prior to confirmation is dangerous as we…
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