The Day Ahead: AM Edition 2021-11-04

Early exuberance in equity indices ahead of the NFP tomorrow morning

Nov 04, 2021

∙ Paid

Bonds

Alas the drop in ZB was a false start as it rebounded hard from a retest of the low made on October 29th. I’m penciling in the low from yesterday as a small degree fourth and now in a small fifth. While not excited about higher, best to allow a retest of 161^11 if not a minor new swing high.

Crude Oil

CL volatile as t…

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