The Day Ahead: AM Edition 2021-11-19

Crude under pressure. Could the high finally be set?

Nov 19, 2021

∙ Paid

Bonds

ZB sprang up in the early morning in what I’m penciling in as late in (C) of [II]. Initial resist at 161^30 but I think it best to give it a chance to stretch for 162^12 while above 161^12.

Crude Oil

Crude is down on fears of renewed lockdowns in Europe but I think a bounce is due regardless of which count is operative. The wave…

Keep reading with a 7-day free trial

Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.