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The Day Ahead: PM Edition 2021-07-12

The Day Ahead: PM Edition 2021-07-12

Equity indices creep higher but should be due for a retrace soon

Jul 13, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-07-12
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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.

Treating as a small degree fourth for now

Crude Oil

CL was a b…

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