The Week Ahead: 2022-06-12
The FOMC on Wednesday is what everyone will be watching this week
Bonds
ZB was under pressure last week which fits both the (B) wave of [IV] hypothesis or as I present on this chart, that wave [III] is not yet complete and may make a minor new low against 133^06 before starting a wave [IV] consolidation. In a way, both are similar, the difference being if the current low holds or if we get a minor new low this week.
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