The Day Ahead: PM Edition 2021-10-21

Promising crude pullback today, now to see if it can push lower

Bonds

ZB is on track moving lower though it is pausing at a near test of the last swing low. Still think it would look best with a thrust lower to at least test 156^13.

Working on (V) of [I]

Crude Oil

We have a candidate for a wave iii high here. Now need to see CL spend time under 81.87 and push lower for 79.77. Certainly beneficial for the near term beari…