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The Day Ahead: PM Edition 2021-05-04

The Day Ahead: PM Edition 2021-05-04

Equity indices threaten to turn, Crude, not so much as of yet, and Nat gas charts

May 05, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-04
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Bonds

ZB put in a bit more bounce today initially to test 158^22 but is looking to settle back under 157^31. Is that it for the bounce and now ready to break lower? Possible but would be bears are in better shape with bonds back under 157^08 for confirmation.

Could be good enough but need under the moving averages for confirmation

Crude Oil

The ‘b’ wave bou…

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