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USD_ DXM21

Weekly – Move up off the 89 base. The 2018 low is 84.24. Trade pressures are up. Volumes are bearish.

Daily – In the new move up from the 91.33 long entry. Trade pressures are down but rising. Volumes are bullish.

The next target up is 92.89, the 200 day MA.

A close below 90.95 would signal lower.

 

US 30YR T-BONDS_ USM21

Weekly – The long move down started March 2020. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the short trade from the January 167-02 entry. Trade pressures are down. Volumes are bearish.

The next target down is 153-21.

A close above last weeks high of 158-28 would signal a retracement. But long term hard to see any impetus higher until the stimulus wears off and inflation fears die.  Dis-inflation is a FED worry.