The Day Ahead: PM Edition 2024-02-29
Equity indices manage to hold up
Bonds
ZB rose today to put pressure on the daily moving averages and resistance at 119^16. I still think the decline from the late December high is still a little shallow for ‘(b)’ which either means the bounce is part of a wave ‘[II] of c of (b)’ or I will have to move ‘a’ over to the right and this bounce is ‘b’.
Crude Oil
Nice to…
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