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The Day Ahead: PM Edition 2021-05-17

The Day Ahead: PM Edition 2021-05-17

Perhaps another day of bounce in the equity indices before another try at pushing lower

May 18, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-17
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Bonds

On the intraday chart from the morning I was thinking bonds could either retest or push past 157^11 but I’m not a certain now. A bounce up would be nice but it might fall short, say 157^06 and fall under 156^18 in the next leg of wave [B].

About to push down in the second leg of [B]?

Crude Oil

Not sure if I should treat the developing swing high as ‘b…

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