The Day Ahead: PM Edition 2021-02-23
The scare in SPX is foreshadowing for next month
Bonds
A quick dip under support at 162^02 today but decent recovery. I still think they are trying to find foothold which facilitates a decent bounce. Yes, I think they move lower later in the year but think there is a multi-month bounce first. Need to see 163^11 recovered as a first step.
Crude Oil
Promising rejection of 62.93 - 63.32 in CL.…
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