The Day Ahead: PM Edition 2021-12-13
FOMC meeting T-2 days
Bonds
Bonds were energetic today moving up to just short of typical deep wave two retrace range. I’d like a lower high to form between now and Wednesday against 162^29 to 163^12.
Crude Oil
I’m assuming that the first leg of the ‘b’ wave is complete in crude and that the glue wave is developing. The [B] wave need not retrace by much bu…
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.