USD_ DXU16

Weekly – All about the BREXIT. Trade pressures are down into the neutral zone. Volumes are still neutral.

Daily – In a short term down trend. Trade pressures are up but turning down. Volumes are still bearish.

Need a close above 95.52 to change the trend.

 

US 30YR T-Bonds_ USU16

Weekly – Rallied to near the 171-28 upside profit target. Trade pressures are up. Volumes remain bullish.

Daily – Flat. The spike high was 171-07. Trade pressures are up and extended. Volumes have changed from bearish to neutral.

The intraday move is up. The next target up is 173-02.

A close below 169-01 would signal lower. (But do we want to short ahead of the BREXIT vote?)