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The Day Ahead: AM Edition 2021-05-19

The Day Ahead: AM Edition 2021-05-19

Expect an equity bounce ahead of the FOMC minutes

May 19, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-05-19
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Bonds

ZB couldn’t hold under 156^13 and bounced to retest overhead support. Could we already be moving up in the next segment of the wave iv? I lean to no but not going to claim it is clear. Instead, maybe we are still working the (B) and have yet to get the (C) of [B] down started. Near resist at 157^01 and 157^11.

Still working on (B)?

Crude Oil

Finally a…

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