The Day Ahead: AM Edition 2021-10-20

Now we wait for Tesla earnings after the bell

Bonds

ZB on balance lower this morning though there was a minor bounce to test 158^13. While under 158^20, bias is lower to at least 159^07.

Looking for a new swing low

Crude Oil

In some ways little changed from yesterday in crude. Yet another test of 81.21, even a little past, but quickly recovered and testing the high. I can’t be enthusiastic about higher…