The Day Ahead: AM Edition 2021-07-26
A miss on new home sales initially seen as bullish, Tesla earnings after the bell
Bonds
ZB rejected resist at 165^05 and is resting on 164^00. I’m tentatively calling that a wave IV bounce but aggressive bears might try to make it a (II). Preference is for lower in either case but need under 164^00 for confirmation.
Crude Oil
CL tested initial support at 71.04 and has been recovering since. Look…
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