USD_ DXM16

Weekly – Sideways movement inside the current uptrend. trade pressures are up but rolling over. Volumes continue to be bearish.

Daily – Now in a move down from 97.62. Trade pressures are down. Volumes are bullish to neutral.

Near the 95.83 target. The next target down is 94.05.

 

30yr T-BONDS_  USM16

Weekly – After the run to the 169-15 contract highs price has been in a pull back. Trade pressures are up, but turning down. Volumes are mixed bearish and neutral. The weekly downside target is 157-29.

Daily – Flat. Waited for price to move back into the 165 area, but missed any opportunity. Trade pressures are down. Volumes have changed to bearish.

Seems over-sold on the hourly. Waiting again for a pullback to the 25×5 for a new entry point.