USD_ DXH16
Weekly – Second down week. Trade pressures are down. Volumes remain bearish.
Daily – In the move down to the 94.31 target. Trade pressures are down. Volumes have changed from bearish to neutral.
30YR T-BONDS_ USH16
Weekly – Easily thru the resistance at the highs toward the 174-16 target. Trade pressures are up. Volumes have changed from bullish to bearish.
Daily – Flat. Traded to a 170-26 high then pulled back thru a short entry price of 168-20. Trade pressures are up but showing some divergences. Volumes have changed from bullish to bearish.
Look for a trade up to the trigger level for the short entry.