The Day Ahead: PM Edition 2023-07-05

Bonds finally pushing lower

Jul 06, 2023

∙ Paid

Bonds

Bonds finally are pushing down out of the consolidation they have been stuck in for the past month. For now, I’m sticking with my labeling of the last consolidation being wave [IV] and now down in the late stages of [V] of iii. The alternative is to upgrade the consolidation from [IV] to iv which I don’t like when looking at the intraday chart but …

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