The Day Ahead: PM Edition 2021-05-11
Perhaps further bounce in S&P 500 before another press lower
Bonds
ZB dropped through the moving averages today which surprises me a bit but not complaining. I still worry about a bounce soon but perhaps they can push a little lower to test 156^17 first. On any bounce, want to see the moving averages act as resist.
Crude Oil
CL dropped to test support at 63.82 and bounced up but is under…
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.