The Week Ahead: 2022-03-20
Will bears continue to cover? Probably decided by geopolitical news
Bonds
Bonds were down last week pushing to test 151^00 which is a significant support level. As you know, I’ve backed off the idea that bonds are now in a wave [III] but it is still an alternate. Instead, I’m treating the low last week as the end of [I] and now looking for a wave [II] bounce. Critical to the near-term bullish hypothesis is 151^00 holding…
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