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Trading On The Mark
The Day Ahead: AM Edition 2021-12-09

The Day Ahead: AM Edition 2021-12-09

Continued chop in equity indices

Dec 09, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: AM Edition 2021-12-09
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Bonds

ZB has been bouncing this morning, almost to the point to make a minor new low in the swing down unlikely. If they skip the push down to test 160^08, next stop is push for 161^31.

Early in a wave (II) bounce?

Crude Oil

It is a little disconcerting that CL stalled at 72.85 but I’m willing to give bulls a chance to push it a bit higher while above 71.00…

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