The Day Ahead: PM Edition 2021-06-16
Bonds and gold lower. Equity indices start lower but bounce
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.
Crude Oil
Promising drop from intraday resist at 72…
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