The Day Ahead: AM Edition 2021-12-30

Only one more day in the year

Bonds

A negative for bears in the short term that ZB recovered 159^17. Bears can get it back on track with being down in (III) if 159^27 is rejected but above that starts to look wrong for a third wave which should be fairly strong. In that case, I have to wonder if the low yesterday was a ‘B’ wave type low that results in a move up for ‘C of (II)’ towar…