The Day Ahead: AM Edition 2022-05-26

Equity indices on plan with higher, crude a problem child at the moment

Bonds

So far, the drop under 141^14 is not very convincing and thus might see another poke at 142^24. Keep an eye on 142^02 as a possible aggressive lower high.

Bears need a lower high

Crude Oil

CL resolved the last several days of sideways by spiking up to retest the high in this month’s contract. I can’t be excited about CL up here, but I admit the patter…