The Day Ahead: AM Edition 2021-12-03
They didn't like the NFP numbers. Equities and Oil head lower
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…
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.