USD_ DXM16
Weekly – In the down trend but retracing upward. Trade pressures are up. Volumes are bullish. A Close below 161-13 would confirm the daily short.
Daily – In the move up from 93.48. Trade pressures are up and extended. Volumes are changing from bearish to bullish.
The next targets up are 96.06 and 96.28.
A close below 94.01 would signal a new downtrend.
US 30YR T-BOND_ USU16
Weekly – In the uptrend. Trade pressures are down. Volumes have changed from Bearish to Bullish.
Daily – Flat. In the short trade from 163-17. Trade pressures are down but rising to the neutral zone. Volumes remain bearish.
Confusion. Hourly is very over-sold.
Wait.