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The Day Ahead: PM Edition 2021-11-01

The Day Ahead: PM Edition 2021-11-01

Equity indices rise prior to the FOMC on Wednesday

Nov 02, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-11-01
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Bonds

ZB in a holding pattern between the moving averages, which were tested today, and the overhead resist at 161^11. Probably stays stuck till Wednesday afternoon FOMC statement.

Wave (IV) complete?

Crude Oil

Crude poked past 84.50 briefly today before falling back away from it. This could be a possible ‘[B] of iv’ in development and result in a push low…

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