The Day Ahead: PM Edition 2021-06-03
NFP eve. Will a strong number come in to scare the equity indices and drive DX higher?
Bonds
ZB rejected 156^24 today and fell back to the moving averages. This puts wave [B] down back on the table but needs under 155^19 for confirmation.
Crude Oil
CL put in a doji candle today which can be an initial sign of pending reversal. Also have an exhaustion signal from the 9-5 study. Initial confirmation comes with a drop …
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