The Day Ahead: AM Edition 2022-01-05

Bonds weakness still putting pressure on tech stocks

Bonds

ZB did put in that little bounce I spoke about yesterday but is back to stretching for 155^31 or 155^18.

Prefer a minor new low before the next bounce

Crude Oil

Crude still on plan with reaching toward 78.90 or 80.00. Fair to raise stops if you have been trading long. Bias is up while above 77.00.