The Week Ahead: 2021-03-07

Is the SPX decline over? Rather not be we will see

Bonds

ZB slipped a bit lower last week along the declining parallel to test a Gann related support at 155^31. This corresponds to lows in two different cycles and the just one candle short of an ideal exhaustion signal on the 9-5 study from Wave 59. First minor step in confirming a reversal in wave iv is recovering 158^14 though better when above 159^29…