The Day Ahead: PM Edition 2021-08-25
Bonds slip, S&P 500 makes yet another high
Bonds
Nice to see ZB drop under the daily moving averages today but I wouldn’t call it decisive that wave [III] is in progress till under 163^15. Bears want any bounce in response to be mild and stay under the moving averages.
Crude Oil
Crude advanced today to just short of 68.87 before falling back to near the open so as form a do…
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