The Day Ahead: PM Edition 2021-10-07
Debt limit extended till December, NFP Eve.
Bonds
ZB gave up the gain from yesterday and trying to stretch form 157^17 which is a pretty typical wave three target. The deep wave three target, (III) = 2(I), is at 155^26 which seems a little too ambitious to me at this time.
Crude Oil
Crude is being a problem child. Just when I thought it was on plan, it puts…
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