The Day Ahead: PM Edition 2021-10-28

Dollar Index on track moving lower but could complete the correction next week

Bonds

Promising reversal today down from 161^11 as it is down under 160^16 at the end of the day. Next step for bears is to push ZB under the moving averages and 159^08.

In early stages of (V) of [I] down?

Crude Oil

Crude fell to test 80.82 and bounced which is to be expected. Now need a lower high to form, perhaps at 83.57 or 84.50 before dropping lower to…