The Day Ahead: AM Edition 2021-05-17
Crypto weakness pushing gold ahead, but beware, may not last long
Bonds
Expected a little retrace after the tap of 157^11 and they came through with a drift back toward 156^22. Next support at 156^13 but this could be good enough. Minor bias to higher to retest 157^11 or perhaps higher at 157^31 before completing the (B) wave bounce.
Crude Oil
Not sure what the primary pattern that is op…
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