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The Day Ahead: PM Edition 2021-05-19

The Day Ahead: PM Edition 2021-05-19

May 20, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-19
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Bonds

Not bad, ZB retested overhead resist at 157^18 and the moving averages before dropping under 156^18. The not so good news for would be bears is that it bounced back and is hugging 156^18 so more work to do. I would think they at least retest the May 13th low or just past to test 155^07 to put in a shallow [B] wave.

Still prefer lower but need not be…

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