USD (DX)_ can look at both the rise in the dollar and the decline in oil, they mirror each other. So perhaps when one stops the other does also.  the rising dollar makes the US exporters less competitive.  45 percent of the sales from the S&P 500 companies comes from outside the US. so they are “exporters”.

Weekly – the 94.66 target has been met with a large move thru it this last week. A very extended move up. Clearly a flight to the US markets.  A close below 94.22 could signal the beginning of a sell off.

Daily – Price has consolidated above the 91.72 target over the last two weeks and then began a big move up last week amid the European QE news. the next target up is 96.04. Trade pressures are down. Volume is bearish. Hard to see the DX going much higher. A move down thru the 94.25 level could see the start of a retracement.

30YR TBonds_ and of course if you are going to buy dollars, then they have to go somewhere; and until some thing better comes along the Treasury bills and bonds seem to be the market of choice.

Weekly – at the 150-14 target. The next target higher is 154-18. Trade pressures are up. Volume is bullish.

Daily – has come with in 2 ticks of the 151-12 target at 151-10 high on Friday week. Then the short entry at 149-15 was triggered with a downside target of 146-17. Trade pressures are down and Volume is neutral. Profiting , or a new move down?

EURO Futures (EC)_
weekly – touched the 1.114 down side target. Trade pressures are down. Volume is bearish. Next weekly target is .9365.

Daily – the daily trade has been down from 1.2550. Traded thru the 1.1410 target. the next target down is 1.0488.

Need a trade close above 1.1562 to start a retracement up.to the breakdown at 1.2279.