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The Day Ahead: PM Edition 2021-11-04

The Day Ahead: PM Edition 2021-11-04

The markets now waiting for the NFP Friday morning

Nov 05, 2021
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Trading On The Mark
Trading On The Mark
The Day Ahead: PM Edition 2021-11-04
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Bonds

ZB bounced hard from the test of the daily moving averages today to completely recover the drop from the day before. I still think a reversal lower is nearby in either ‘(V) of [I] of v’ or ‘(A) of [III] of an ending diagonal v’. If they stay under 161^11, I favor the former, if they bounce a little more to 162^06, the latter.

Due for a move lower

Cr…

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