The Day Ahead: PM Edition 2021-06-08
Feels like a holding pattern waiting for the Thursday morning news
Bonds
ZB came through with the expected test of 158^02 today, even poking past before settling just under. I’d rate this as the first realistic candidate for the end of [C] of iv. Note that there is an exhaustion signal from the 9-5 study when there is divergence on the cyclic smoothed RSI. Also, two different cycle detection methods are forecasting a cy…
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