USD_ DXU16
Weekly – The weekly downtrend line acted as resistance. Trade pressures are up but declining. Volumes remain bullish.
Daily – The move is now down. the close below 95.71 has changed the trends to down. Trade pressures are now down. Volumes are now bearish.
the next target down is 94.64.
Need a close above 96.41 to change the trade to long.
30YR T-BONDS_ USU16
Weekly – Now in a new move down. Trade pressures are up but declining. Volumes have changed from bearish to bullish. The next weekly target down is 158-21.
Daily – Long. the new long entry is 174-05. Trade pressures are rising into the neutral zone. Volumes are now bullish.
The next target up is 180-29.
Stops are at the 169-13 lows.