The Day Ahead: PM Edition 2021-05-27
Bonds turning lower in the next wave of the developing fourth?
Bonds
Nice to see a reaction from 157^14 take place as ZB fell back to support at 156^14 today but I still don’t know what form the correction is tracing out. If the decline holds above 154^12, it is more likely to be [D] of a triangle. If they break lower to around 152^14, then odds increase that the decline is (C) of [B] of iv. In either case for the r…
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