The Day Ahead: PM Edition 2023-10-19

S&P 500 pushes lower post Powell talk

Bonds

Bonds soft today but have managed regain the 108^15 level in the late evening. I’m marking the low today as (III) and now up in wave (IV) which projects targets at 109^04 or 109^27.

Pretty late in v of (v) of [i or a]