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The Day Ahead: PM Edition 2021-08-23

The Day Ahead: PM Edition 2021-08-23

DX retrace finally kicks in

Aug 24, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-08-23
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Bonds

ZB held support that I mentioned earlier today but are not as bouncy as I feared. So far the resistance zone of 165^31 to 166^11 is proving formidable though we don’t have a reversal lower confirmed as of yet. I would like a lower high to stick but need ZB to drop under 165^10 and later 164^08 for confirmation.

Lower high hypothesis still alive

Crude…

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