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The Day Ahead: PM Edition 2021-08-18

The Day Ahead: PM Edition 2021-08-18

Taper fears hit equities

Aug 19, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-08-18
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Bonds

Not looking good for the short term bearish forecast as ZB dipped today but held above 164^08 and rose to test 165^10. Over 165^10 will likely result in a retest of overhead resist at 165^31 to 166^11.

Looks like overhead resist will be retested

Crude Oil

Nice push down in crude today in what looks like a [III] picking up speed. Initial support around…

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