The Day Ahead: AM Edition 2021-05-20
Bulls buy the dip. Will it last? (Probably today and maybe tomorrow)
Bonds
Yesterday I surmised that perhaps there is more work to be done in (B) in bonds and we have our answer today, yes indeed there is. While above 157^01, bias is up to at least 157^11 and perhaps more to test 157^25.
Crude Oil
Crude popped up over first resist at 63.00 but bears did come through by selling 64.00. So far we have a ne…
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