The Day Ahead: PM Edition 2024-02-08
The excitement was in crude today
Bonds
ZB started to leak lower today. Will see if they can continue to do so or if this turns out to be low degree ‘b’ wave in the move which would result in a better bounce prior to moving down further in ‘c of (b)’.
Crude Oil
Crude invalidated the idea of a low degree wave four today. Now, this is either a wave ‘[II]’ in developm…
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