The Day Ahead: AM Edition 2021-10-15

Equity indices started higher but forming an intraday consolidation

Bonds

ZB pushed lower this morning to test minor support at 158^29. A little shallow for the ‘B’ wave I’m expecting but could be good enough to trigger a minor bounce before pushing lower. Prefer an eventual push to 158^23 or even 158^01 before a more significant bounce.

Early in a ‘B’ wave retrace

Crude Oil

CL came through with a grind up to tap 82.50 and …