The Day Ahead: PM Edition 2023-11-01

Relatively dull action post FOMC

Nov 02, 2023

∙ Paid

Bonds

Odds that the wave [i or a] low in bonds is set are going up. I suppose I can’t completely right off another low, but we are starting to see overlap with the October 12th low. At this point, it is probably best to assume any retrace over the next few days is fairly shallow.

Trying to push through the moving averages

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