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The Day Ahead: PM Edition 2021-07-01

The Day Ahead: PM Edition 2021-07-01

Gold and USD up today. Still think equity indices need a retrace

Jul 02, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-07-01
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Bonds

ZB slipped under 160^14 but did recover it later in the day. I still lean to the idea of a minor retrace in (B) of [II] but the recovery of 160^14 does negatively impact that hypothesis.

Allowing for a minor retrace before higher

Crude Oil

Overall strong day in crude today though I remain skeptical about holding the gains for long. Yes, I have been s…

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