The Week Ahead: 2022-09-05

Holiday shortened week

Bonds

ZB opened near the 136^21 support last week and fell through to near an old support at 133^06 before bouncing a bit. Bias is lower while under 136^21 to test 131^25 if not a retest of the June low. I think bonds are about 2/3rds of the way into ‘[V] of v of (i). Prefer a new low in bonds this month but need not be very deep. Cycles are mixed as the…