The Day Ahead: AM Edition 2021-10-19
Equity indices recovered the early morning drop but not expecting much higher till they see the Netflix earnings
Bonds
The good news is ZB is heading lower. The bad news is I don’t know if it declining in a ‘B of (IV)’ or ‘(V) of [I]’. The latter might fit better with the daily cycles. Next targets lower in the short term are at 158^03 and 157^19.
Crude Oil
CL is bouncing off hard of a retest of support at 81.21 which enables a new sw…
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