The Day Ahead: AM Edition 2021-05-03

Now to see if bears can get something started from a possible lower high

May 03, 2021

∙ Paid

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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