The Day Ahead: PM Edition 2021-12-6
Equities attempt to climb out of the hole. Can they keep at it till the FOMC meeting?
Bonds
Pretty decent move in ZB today as it reversed the gain made last Friday. I suspect bears lean on 161^25 tomorrow morning and may even then push for 160^15. Under 161^25 is an initial win for bears after which they push for 160^15 and test the daily moving averages. I think bond weakness puts the equity bounce or push to a new high in jeopardy.
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