The Day Ahead: PM Edition 2023-05-22

A relatively dull day in S&P 500

May 23, 2023

∙ Paid

Bonds

ZB has been dropping steadily for about a week now and is at the next possible wave [III] target of 126^20. There is positive divergence starting to form on the 240-minute chart with the adaptive CCI. I think it best to allow for a wave [IV] bounce to form around here or against 126^04.

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