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The Day Ahead: PM Edition 2021-08-10

The Day Ahead: PM Edition 2021-08-10

Equity indices ready for a meaningful retrace?

Aug 11, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-08-10
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Bonds

ZB dropped away from the moving averages for another day today. Certainly a positive for the bearish forecast though I’m not sure how much lower we can expect before a bounce. A break under current support of 163^03 would be ideal as it would be nice to have the next bounce commence from low enough that the bounce is held by the moving averages. Un…

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