The Day Ahead: AM Edition 2021-12-17
The last hurdle for the Santa Rally to clear, OpEX
Bonds
ZB pushed up to test 162^30 this morning and is slipping under old resist at 162^18. I can’t claim the wave (II) high is set but it is possible. Certainly anyone trading long should raise stops. Under 161^28 increases the chances that the lower high has been set.
Crude Oil
CL dropped early to test support at 69.71 and rough…
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