Bonds
ZB spiked to just short of a typical wave four retrace at 141^19 and fell back. For bond bears to feel good about it, ZB needs to stay under 140^04 and drop under 138^26.
Crude Oil
CL put in a bounce but up at resist of 108.80. Prefer bears lean into it again so as to test 103.65 or 101.40.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.