The Week Ahead: 2021-07-11

Crude and Bonds look late in their respective moves up

Bonds

Is the wave iv bounce high set? Close, on a lower time frame I can justify a retest of 164^26 or even a tap of 165^23 but very late in development. Under 160^19 would likely mean that the move down in ‘v of (i) is starting.

Late to be long bonds, maybe a little early to fade

Crude Oil

CL certainly had an exciting week last week. Had made a minor new h…