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The Day Ahead: PM Edition 2021-05-25

The Day Ahead: PM Edition 2021-05-25

Equity indices due to move lower?

May 26, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-25
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Bonds

The rise in ZB today is putting stress on my original idea of lower in a [B] wave before rising in the last leg of iv. Maybe it is time to consider a triangle for iv where ZB is range bound for the next month or so. Resist for a possible [C] at 158^28 and 159^22.

Maybe a triangle?

Crude Oil

Relatively small range in CL today. I’m expecting a retest of…

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