The Day Ahead: PM Edition 2023-03-09
A lower high in the morning kicks off a steady move lower
Bonds
The worry in the banking sector boosted ZB today as it pushes up through the daily moving averages. So far this doesn’t break the pattern that I had been expecting, that of a bounce in a wave iv but it probably requires some thinking of alternatives over the weekend just in case. Next resistance overhead at 127^22 followed by 128^18.
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