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Trading On The Mark
The Day Ahead: PM Edition 2023-04-26

The Day Ahead: PM Edition 2023-04-26

Next US GDP and Amazon ear

Apr 27, 2023
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2023-04-26
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Bonds

Nice to see ZB rejecting 132^11 today and dropping under 131^26 which gives us some confirmation of the reversal on the intraday chart. Looking at the daily chart we see bonds resting on the daily moving averages which is the next hurdle for bears to clear if a thrust down in a wave iii is to gain traction. If not already short on the break of 131^…

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