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The Day Ahead: PM Edition 2021-05-11

The Day Ahead: PM Edition 2021-05-11

Perhaps further bounce in S&P 500 before another press lower

May 12, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-11
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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.

Nearing the end of (A) of [B]

Crude Oil

CL dropped to test support at 63.82 and bounced up but is under…

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