The Day Ahead: AM Edition 2021-07-12
Crude trying to make a lower high stick, Gold preparing for a break up
Bonds
ZB is leaning pretty hard on the 162^18 support this morning. Acting like this support will give way and facilitate a push down toward 161^24.
Crude Oil
CL rejected 74.63 and dropped under 73.09 which would be advantageous to the short term bearish case but have recovered somewhat. Important for bears to hold CL…
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