The Day Ahead: AM Edition 2021-06-10

Could the equity markets correct into the FOMC meeting next week?

Jun 10, 2021

∙ Paid

Bonds

ZB weakened after the CPI print poking under 158^07. Could this mark the high of wave iv? Possible but needs under 157^23 for confirmation.

Need lower for confirmation of a reversal

Crude Oil

CL held support at 69.50 which invites a test of 70.71 or 71.00. I can’t be excited about higher but don’t have anything to work with for a short yet.

Keep reading with a 7-day free trial

Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.