The Day Ahead: AM Edition 2021-09-28
Bonds and gold weak. Equities soft but recovering in the afternoon
Bonds
As I mentioned last night, I’m lowering the degrees on the intraday bond chart. I am thus penciling in the drop today as being near the end of an extended small III and in a wave IV bounce followed by a new swing low to finish off V of (III) around 157^18.
Crude Oil
Well, nice to see CL respond to the resist at 76.42 and 76.8…
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