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The Day Ahead: PM Edition 2021-04-29

The Day Ahead: PM Edition 2021-04-29

Initial turn lower in equity indices reversed in the afternoon

Apr 30, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-04-29
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Bonds

ZB broke under the moving averages today to nearly make it to 155^24 before bouncing. I am penciling this has the first impulse down in [B] of iv and think we see lower after a small bounce. Resist at 157^08 and 157^31. The dominant cycle is drifting slightly to the right. I’m keenly interest in the forecasted low around the middle of next month as…

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