The Day Ahead: PM Edition 2024-01-18

S&P 500 comes back to life

Jan 19, 2024

∙ Paid

Bonds

So far, my idea of looking for a bounce in bonds has been thwarted as yet again, ZB leaks lower. That said, I’m unwilling to think this drop any more than the first segment of the expected (b) wave.

Thinking this near the end of the first leg of (b)

Crude Oil

Crude did pretty well today as it moved up to initial resistance at 74.33. I expect CL to gr…

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