The Day Ahead: PM Edition 2024-01-11

Most of the CPI drop recovered

Bonds

ZB is stuck between 121^10 and 123^22 as that range was probed today. I have a minor bias to a push up out of this range to retest the high from late December or even test 126^18.

Could still try for a new swing high

Crude Oil

CL rejected 73.84 again today but has yet to drop out of the range of the last few days. Will see if we can get the push down…