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The Day Ahead: AM Edition 2021-12-03

The Day Ahead: AM Edition 2021-12-03

They didn't like the NFP numbers. Equities and Oil head lower

Dec 03, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-12-03
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Bonds

The rise in bonds this morning illustrates why I have been reluctant to pound the table for reversal prior to some initial supports failing. There was some response to resist at 162^31 yesterday which initiated a minor pullback prior to the NFP numbers. After that, boom, up over 163^19 and working on testing 164^07. Still looks to be up in ‘V of (C…

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