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The Day Ahead: AM Edition 2021-04-22

The Day Ahead: AM Edition 2021-04-22

Can they make the lower high stick?

Apr 22, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-04-22
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Bonds

The idea of a lower high in bonds is still alive but needs under 157^25 for confirmation. There was a try to push down from 158^26 but is above 157^25 thus I can’t pound the table for lower just yet. Best for bears that ZB stay under 158^16.

Crude Oil

So far, so good with the lower high in CL. There is a little bounce this morning but the bias is low…

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