The Day Ahead: PM Edition 2023-03-07

Powell testimony feeds the bears

Mar 08, 2023

∙ Paid

Bonds

Considering the movement in the equity markets today, bonds were pretty tame. The RSI on the daily chart looks like it may try either to push a bit higher or pause as it starts to roll over. That may facilitate ZB attempting to push into the daily moving averages before pressing down in wave v.

Could still try to test the daily moving averages

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