The Week Ahead: 2022-08-21

Jackson Hole conference at the end of the week

Bonds

ZB has pushed down away from 141^25 last week and thus should have some follow-through to at least 136^21 before much of a bounce.

Early in [V] down

Crude Oil

CL put pressure on the 87.30 support last week, even poking under it briefly before recovering most of the drop. I have two possible paths sketched on the chart and it is too early to definitiv…