USD_ DXU16

Weekly – rising to the top of the downtrend. Trade pressures are up. Volumes are stuck in Neutral.

Daily – In the uptrend. Consolidating at the the 96 level. Trade pressures are up but declining. Volumes are bullish.

Likely to be a safe haven trade this next week while the Turkish coup attempt resolves itself.

[7-20-16: next target up is 97.74.]

 

30YR T-BONDS_ USU16

Weekly – After reaching the 177-11 high, price has retraced to the prior upside target of 171-26. Trade pressures are up. Volumes have changed from bullish to bearish.

Daily – Short. Down from the 175-05 short entry. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 171-04.

Lower stops to the 175-05 short entry price.

[7/20/16: lower stops to 172-22.]