The Day Ahead: AM Edition 2021-07-28

Now we wait for the FOMC, Facebook earnings after the bell

Jul 28, 2021

∙ Paid

Bonds

I can’t much on ZB here. Still trapped in the range between 163^12 support and 165^07 resist. Whether the FOMC statement is regarded as hawkish or dovish will determine the next move. I wouldn’t be shocked by a retest of overhead resist only to have it be temporary and fall tomorrow or Friday.

Crude Oil

CL stuck in a ran…

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