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The Day Ahead: PM Edition 2021-05-12

The Day Ahead: PM Edition 2021-05-12

DX shows signs of life, bonds and equity indices down

May 13, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-05-12
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Bonds

Bonds accelerated lower today running over the bounce idea but now nearing the initial target for a wave [B]. It would be nice to get a tap of 155^07 but I don’t think we can count on lower at this point. I’d say the form for [B] would look better with a bounce and attempt to retest supports before a steady rise.

Near at least (A) of [B] low

Crude Oil

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