The Day Ahead: AM Edition 2021-04-20
Morning weakness in equity indices but expect a bounce, not a trend day
Bonds
ZB has yet to form a impulse down so therefore always a chance to extend higher. That is certainly playing out today as they recover 157^27 and more today. Short term resist at 158^15 but expecting a new swing high to form before [A] is complete.
Crude Oil
Nice drop this morning under 63.11 in CL which means we may be in the…
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