Bonds
ZB slipped a little lower last week, but I think bears need to be cautious here as the dominant cycle is forecasting a low and the cyclic smoothed RSI is developing positive divergence. Yes, there is a minor bias to extend lower while under 143^05. Just keep in mind the next support is only slightly lower at 140^13.
Crude Oil
I’m ha…
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.