The Day Ahead: AM Edition 2021-10-21

Euro taking a pause in its bounce, crude oil may finally start a retrace that lasts more than a couple days

Oct 21, 2021

∙ Paid

Bonds

ZB bouncing a bit from a near retest of the current swing low. Still prefer an actual new low while under 158^06 and 158^13.

Crude Oil

Nice rejection of 84.04 last night. Looks like a promising wave iii high candidate. Now best any minor bounce remain under 82.10 and CL press down to 79.73.

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