The Day Ahead: AM Edition 2021-10-05

Equity indices climb out of the hole, bonds soft

Bonds

Bonds fell away from the 160^15 resist and dropped under initial support at 159^18 to keep the primary hypothesis alive which calls for a minor new swing low before another bounce. Fair for anyone short toe lock something in against 159^04 but idea to get a test of 158^18 or 157^31. Over 159^18 is a problem for the short term bearish idea and could…