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The Day Ahead: AM Edition 2021-02-26

The Day Ahead: AM Edition 2021-02-26

Nice work done by bears in SPX early but next real leg lower appears to be next week

Feb 26, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-02-26
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Bonds

ZB managed to continue the bounce to just short of the top of the main channel. Now the goal is to attempt to form a higher low. Initial support at 158^14 but probably should allow for a test of 157^31 or 157^17.

Now to work on a higher low

Crude Oil

The good news is that crude has been sliding lower. The bad news it is trying to bounce from 62.02. Be…

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