The Day Ahead: PM Edition 2021-01-13
Another good day in bonds which is consistent with the idea of a [B] wave low being set.
The Day Ahead: PM Edition 2020-06-18
Bonds stayed on track today by rising up through the daily moving averages.
First Look: 2020-03-17
If S&P 500 futures can establish a base above 2433.50, then I think a push higher to 2498.75 and 2533.75 is likely.
First Look 2020-03-13
The S&P 500 futures rose overnight and I’m not expecting much retrace today.
The Day Ahead: PM Edition 2019-10-23
Bonds are being held down by initial resist for a shallow wave [II] at 160^19. Higher to test 161^12 is certainly possible but not required.
The Day Ahead: PM Edition 2018-11-29
Bonds poked a new high today then fell back into the range of the last week. If this is a wave [IV], it is running out of runway as 140^26 is the limit. I still think it will roll down but it is being stubborn. First step is to fall under 138^27 which roughly corresponds to the daily moving averages. Perhaps we need to wait till December 4th which is the next fast cycle inflection before making much progress moving lower.