The Day Ahead: PM Edition 2023-04-27

SPX up more than expected

Apr 28, 2023

∙ Paid

Bonds

While bonds did have a nice move down from 132^18, I’m starting to think we will have to endure a complex wave ii and thus have to allow another few days of ZB attempting to hold or bounce. If ZB pushes up over 131^04, best to assume it will push to the top of the recent range.

Probably still working on the lower high

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