The Day Ahead PM Edition 2021-08-24

A dull day in equities

Aug 25, 2021

∙ Paid

Bonds

ZB retraced a bit today to just above the daily moving averages. Certainly a positive for the lower high hypothesis but too early to get excited. Bears need under 164^13 to get something more substantial started. The RSI is certainly in a position to support a retrace or more but the cycles are mixed. Overall I’d like to see a push lower to the nex…

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