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The Day Ahead: PM Edition 2021-05-13

The Day Ahead: PM Edition 2021-05-13

Equities and bonds bounce, crude may finally break lower

May 14, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-13
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Bonds

ZB bounced today. Does that mean the [B] wave is complete? Possible though I’d rather it become more complex, at least testing this current low again later in the month. Short term, mild bias up to test 156^28.

Bouncing in (B) of [B]?

Crude Oil

Bears did what they needed to today rejecting resist at 65.92 and starting to press under 63.82. Now need fo…

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