The Day Ahead: AM Edition 2021-05-03
Now to see if bears can get something started from a possible lower high
Bonds
Equities are not the only place we may have a lower intraday high. Bonds popped up briefly to test overhead resist at 157^29 and 158^08 then rejected it. Promising for a reversal lower but need under 156^20 for confirmation.
Crude Oil
CL poked to a new low just under support at 63.27 but early and is now pushing up to retes…
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