The Day Ahead: AM Edition 2021-04-29
A disturbance in the force? Now need Amazon to disappoint to get a break lower started.
Bonds
ZB came through with the expected new swing low. Now has five wave move down from April 23rd. Expect a bounce to at least 157^07 and perhaps higher to test 157^29 in a wave II.
Crude Oil
Crude poked up to just past 65.27 and is falling back under 64.81 which is a minor negative and suggests we may have the b of (a) hi…
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