The Day Ahead: AM Edition 2021-11-23
Crude pushes up after retesting support in the early morning
Bonds
Bonds went on to make a new swing low this morning and are firming up just above support at 159^12. Given that there is a cycle inflection around here, I suspect we get a bounce here in some degree of wave two. The degree of two is up in the air as I can see either an aggressive bearish count, listed here as primary, or a less immediately bearish c…
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