The Day Ahead: PM Edition 2023-03-22
Post FOMC
Bonds
ZB opened on the 130^09 support, dipped briefly under to tap a moving average before bouncing back. Dropping down to the intraday chart, there is a possible five wave impulse down from the high. Will see if a lower high forms against 132^06 or 132^25. Bears need back under 131^01 as first evidence that a lower high might stick.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.