The Day Ahead: PM Edition 2021-08-26
Next we see if Powell threads the needle of expectations in his speech tomorrow morning
Bonds
As expected, bonds are bouncing a bit from support at 163^15. Best for the bearish case the bounce stays contained by 164^13 or 164^29.
Crude Oil
CL slipped slightly today to test 67.33, an old resist now support, and looks like it could push for 68.87. Anyone trading long should be pulling up stops but probably a little t…
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