The Day Ahead: PM Edition 2021-10-19
Equity indices on plan with higher as is DX with its retrace
Bonds
ZB moved lower today and by enough that I probably have to favor down in (V) instead of a ‘B’ wave. Yes, a ‘B’ wave can make a new swing low but with the look of the cycles and the RSI, I lean to this push completing the first impulse down from iv. Ideal to push lower over the next few days to tap 156^13 or 155^30.
Crude Oil
So far…
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