The Day Ahead: AM Edition 2021-04-22
Bears blink this morning. Can they try again in the afternoon?
Bonds
The short term here is indeterminate. I can see how a lower high can stick but so far haven’t had serious confirmation as support at 157^25 is still holding. Very short term, under 158^16 gives bears a chance to stage a retest of 157^25.
Crude Oil
CL spiked over 62.02 briefly and fell back under. I’m looking for a l…
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