The Day Ahead: PM Edition 2021-12-08
Bonds may have ended the upward correction
Bonds
Nice move down in bonds today which greatly increases the odds that the wave iv high is set and early in the wave v down. Wouldn’t mind a slight poke through the daily moving averages before a bounce.
Crude Oil
CL had a minor retrace down from 72.86 but recovered the drop and is just starting to break over. Bias is hi…
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