The Day Ahead: AM Edition 2021-08-26
After a dull start, finally had a quick dip in SPX for a possible small degree fourth
Bonds
ZB poked briefly under 163^14 but quickly recovered. That may be it for now for lower. The dominant cycle on this time frame suggests a bounce. Over 163^27 should lead to a test of 164^13 over a few days. Deep retraces at 165^04 and 165^15.
Crude Oil
CL drifted back from the first test of 68.28 but looks to push through toward 69.16.
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