The Day Ahead: AM Edition 2021-03-08
SPX contemplates a lower high, bonds still vulnerable to a minor new low
Bonds
While they did have a decent bounce up from the 155^24 support, they have yet to recover 157^10 and thus vulnerable to a retest of that or lower at 155^05. Can argue that the form down from February 26 needs one more low.
Crude Oil
Crude spiked up to a fib growth level up from the March 2nd low and has a believable five count. Now t…
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