USD_ DXU16
Weekly – The US Dollar futures have settled into the 92-95 channel. Trade pressures are up. Volumes have changed to bullish.
Daily – In a new up move with the trade thru the 94.04. Trade pressures are down but rising. Volumes have changed to bullish. The next target up is 97.10.
A close below 95.09 would signal lower.
30 YR US Treasury Bond_ USU16
Weekly – Traded up thru and closed below the 171-26 upside target. Trade pressures are up. Volumes remain bullish.
Daily – Flat. Spiked up thru the 173-02 upside target and closed well below that target. Trade pressures have declined to neutral. Volumes have changed from bearish to bullish.
The 171-19 short entry level was triggered with the pull back from the spike. But need to wait for a few days to see the direction.