The Day Ahead: PM Edition 2021-06-16

Bonds and gold lower. Equity indices start lower but bounce

Jun 17, 2021

∙ Paid

Bonds

Is the wave iv bounce high in? Maybe but bears have more work to do for confirmation. They did break under 158^13 and press for next support at 157^15. Now bears have to keep any bounce under 158^13 then break under 157^15 toward 156^00 or 154^22.

Need more confirmation to feel good about a reversal

Crude Oil

Promising drop from intraday resist at 72…

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