The Day Ahead: AM Edition 2021-12-07
Strong open in the equity indices but should be near a consolidation
Bonds
ZB is under 162^23 which is a short term negative but note that the dominant cycle is forecasting a low. A test of 161^23 looks attractive at this point after which we could see a bounce attempt. Bears need under 161^23 for initial confirmation of a reversal taking place.
Crude Oil
Crude advanced again this morning. I’m p…
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