The Day Ahead: PM Edition 2023-11-29

Can the S&P 500 get a retrace started?

Nov 30, 2023

∙ Paid

Bonds

ZB has poked past the 117^14 target and slipped back. I suggest a retrace is due and if we were to take guidance from the daily cycle composite, we should expect a retrace into the 20th of December. Bears need ZB under 116^15 to get any traction.

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