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The Day Ahead: AM Edition 2021-08-27

The Day Ahead: AM Edition 2021-08-27

Dovish Powell comments allow the S&P 500 to push to a new high

Aug 27, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-08-27
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Bonds

ZB pushed briefly past 164^13 but slipped back under. Given the look of the dominant cycle and the Lomb, I think they can get on top of 164^13 and try to tap 165^04.

Best to assume more bounce

Crude Oil

Crude came through with the little move up over 68.28 and is approaching the next resist at 69.16. Anyone long should raise stops. Still probably too …

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