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The Day Ahead: AM Edition 2021-06-23

The Day Ahead: AM Edition 2021-06-23

SPX stayed on plan for a morning drift lower

Jun 23, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-06-23
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Bonds

ZB has been trapped under the first resistance level of 160^21. This has me thinking that perhaps this is a fourth wave bounce and not a two. Under 159^20 invites a thrust down to 158^27 though I prefer the deeper targets.

Ready to break down from a (IV)?

Crude Oil

Perhaps we are looking at a 1-2-1-2 count up from the May 17th low which makes this a c…

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