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The Day Ahead: AM Edition 2021-11-01

The Day Ahead: AM Edition 2021-11-01

Are they trying to hold up into the FOMC meeting?

Nov 01, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-11-01
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Bonds

ZB drifting back from a retest of the resist at 161^11. I certainly think we could have a (IV) wave set and getting ready to push down in (V) of [I] or alternatively the first stages of wave [III] of an ending diagonal v. Bears need under 159^24 which would be bond market participants front running the FOMC announcing tapering.

Ready to move lower?

C…

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