The Day Ahead: PM Edition 2021-07-12
Equity indices creep higher but should be due for a retrace soon
Bonds
In the morning commentary on bonds I mentioned that it looked likely to press lower to next support and seems to be working on that. For now still penciling this drop as a small degree fourth but best they hold 161^25 lest the alternate begin to come to the fore and the wave iv high is in.
Crude Oil
CL was a b…
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