The Day Ahead: PM Edition 2023-02-15

Now to see if the response to the econ data will facilitate higher for the equity indices

Bonds

ZB leaned into the daily support of 126^10 today but is attempting to bounce back from it. With the oversold RSI on the daily chart and just short of a exhaustion signal on both the daily and intraday time frames, I think a wave ii bounce is still worth looking for before bonds continue lower.

Due for a bounce