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The Day Ahead: AM Edition 2021-07-07

The Day Ahead: AM Edition 2021-07-07

Another soft day in crude oil

Jul 07, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-07-07
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Bonds

ZB advanced again this morning to push to another swing high against 163^26 resist. This is a good place for long traders to manage as there could be a modest retrace. I’m calling this a possible III of (V) of [C]. Supports for a possible IV at 161^22 and 161^05.

Late in (V) of [C] of iv

Crude Oil

Another nice move lower today as CL followed the plan …

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