The Day Ahead: AM Edition 2021-09-08
Equity indices choppy in a consolidation/bounce day
Bonds
ZB is bouncing from a retest of the August 26th low. Bond bears are hoping to form a lower high at 162^17 or 163^08 and to force ZB back under 161^31.
Crude Oil
Crude is working on a bounce today. Resist for a lower high at 69.64 and 70.11. Would bears need CL back under 68.89 for first confirmation of a reversal lower.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.