The Day Ahead: AM Edition 2021-02-25

Attempting to work with the lower high in SPX

Feb 25, 2021

∙ Paid

Bonds

ZB is lower today but trying to base against 159^25 and the bottom of the Schiff Channel. That said, I can’t rule out a press for 158^31 later while under 160^29.

Exhaustion signal present at the bottom of the channel

Crude Oil

Have an exhaustion signal present and have slipped a little this morning but can’t get excited till under 62.93 and 62.02.

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