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Trading On The Mark
The Day Ahead: PM Edition 2024-01-17

The Day Ahead: PM Edition 2024-01-17

Crude finally bouncing back

Jan 18, 2024
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2024-01-17
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Bonds

I’m now thinking that the odds favor a lower high forming on a bounce in ZB. Resistance for a bounce at 122^22 and 123^30.

Odds of a lower high on a bounce have gone up

Crude Oil

CL has been stubborn about getting the next leg of wave ii started but may have done so today. Will have an eye on 75.70 and 77.35.

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