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Trading On The Mark
The Day Ahead: AM Edition 2021-04-13

The Day Ahead: AM Edition 2021-04-13

Equity indices recover a drop on J&J news after the CPI print. Is it short lived?

Apr 13, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-04-13
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Bonds

ZB tested support at 155^28 and is rising to retest the top of the range. I think there is a fair chance this consolidation is enough having retraced in time to push through 156^29 on the next test.

Wave (II) complete?

Crude Oil

Not much to add to the analysis of CL as it continues to chop around under 61.06. I favor a break lower but need under 59.88…

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