The Day Ahead: PM Edition 2021-11-26
Crude and equity markets have a bout of indigestion from Thanksgiving
Today had enough movement across asset classes that I thought I would post the daily charts.
Bonds
Well, so much for wave iv being complete in bonds. As to the major form, I’m sketching in a 3-3-3 up from the March low which should have us in ‘(C) of [Y]’ now. Initial resist at 136^06 but probably a good idea to allow for a press to 164^12 or even 165^27.
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