The Day Ahead: AM Edition 2021-09-03
Some selling initially off the NFP in the equity indices but difficult to break lower ahead of a holiday weekend
Bonds
ZB spiked to test resist at 163^29 which held as resist and resulted in a quick drop back down into the range. I’m reluctant to say we will have a failure of the triangle pattern just yet.
Crude Oil
CL is slipping back from a retest of resist at 70.52 which is nice for the wave [A] is complete hypothesis. However, it would be…
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