The Day Ahead: AM Edition 2021-08-24
Have a minor bias for a bit higher in SPX before sideways or minor retrace
Bonds
I was a bit dismayed yesterday when 165^10 held in the morning yesterday but ZB was unable to recover 165^28 and has been slipping lower since kiss of 165^28. Now bears are back in the driver’s seat. Very short term fair to aim for 164^24 but could accelerate toward 163^27.
Crude Oil
Well, the silver lining is that…
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