The Day Ahead: AM Edition 2022-03-21

Equity indices digesting the Friday rise

Bonds

ZB fell lower this morning to test the next lower support at 150^23. I’m not enthusiastic about much lower but admit the near-term bias is lower while under 151^07. Next small step lower if needed at 150^03.

Minor bias to lower

Crude Oil

CL gapped up today to test next resist at 109.33. While getting extended in the short-term, notice the RSI at the t…