USD(DX)_
Weekly – Trade pressures have declined to the point where they may cross to negative. Volume rmains bearish. Multiple targets in the 90-91 area,
Daily – have completed the move down to the 94.25 target. Trade pressures are down but fully extended. Volume is bearish. Expect consolidation.
A close above 95.27 would signal higher.
EURO_ A counterpart to the $USD. Weekend talks with the Greeks create event risk.
Weekly – Trade pressures are still down but trending up. Volume is bullish for these last two weeks. The 1.1500 pivot is a likely target.
Daily – Trade is flat after meeting the 1.1237 target. The next target up is 1.1485. Trade pressures are up but extended. Volume is neutral from the prior day’s bearish.
A trade closing below 1.1145 would signal lower with a 1.0736 target.
30yr T-BONDS_
Weekly – Traded thru the 154-01 weekly target. Trade pressures are still up but trending down; perhaps to negative soon. Volume is bullish for the week.
Daily – Trade pressure are down. volume is bullish. The short trade from 163-15 had trade thru all downside targets and down thru the 155-01 prior pivot. The break of that pivot completed the move down to the 153-30 target. the market spiked down thru that target and then reversed to close higher.
A very nice 10 point trade!
The new long entry has also been triggered at 155-23. The next target up 160-03.