The Week Ahead: 2022-01-09

If the S&P 500 hopes to eke out one more high later in the month, it needs to firm up early this week

Bonds

Impressive drop last week in bonds as it broke 160^12 and headed straight to next support at 155^10. While I can’t rule out this swing extending to 152^27, it wouldn’t be out of character to get a bit of a bounce prior to pushing for 149^06 and lower.

Could get a minor bounce before lower

Crude Oil

CL held up pretty well last week as there has been ge…