The Week Ahead: 2022-11-06

The fight for the direction of equity indices into mid-December

Bonds

ZB tried to get a bounce started last week but couldn't stay above 121^15. I continue to think we are at or nearly at a wave [i] low or wave (iii) low. Both are similar initially; the difference is the amount of bounce and that the latter will result in a new low.

First option