USD_ DXH17 #usdollarfutures
Weekly – The 2015 highs have proved to be resistance. Trade pressures are now down. Volumes remain bearish.
Daily – Still in the move down from the 101.53 entry. Trade pressures are down and trending. Volumes are bearish.
The next target down is 96.14.
A close above the 102.20 would signal higher.
30 YR T-BONDS_ USH17 #ustreasurybondfutures
Weekly – Still in the downtrend towards the 144-11 weekly target. Trade pressures are down but rising. Volumes have changed to neutral.
Daily – Flat. In the uptrend and in a move up from the 151-10 long entry. Trade pressures are down. Volumes have changed from bearish to neutral.
Looking for an opportunity to re-enter the long trade when volume supports.
Stops will be at 149-00.
This stop level could also be a new short entry. Watch the Dollar futures.