USD_ DXH18 #usdollarfutures
Weekly – The weekly highs are tracking the 25×5 moving average resistance. Trade pressures are up but declining toward the neutral zone. Volumes are mixed, neutral to bearish.
Daily – In the retracement move up from the 93.12 level inside the down trend started in early November. Trade pressures are down. Volumes are bearish.
In a consolidation at the long entry level and at the resistance provided by the 25×5 moving average.
The next retracement target down is 92.19 and the the recent low pivot is 92.04.
Need a close above the 93.82 downtrend resistance to start a new move up.
The next target up is 94.19.
US 30 YR T-BONDS_ USH18 #ustreasurybondfutures
Weekly – Still in this range between 149 and 156, Trade pressures are now down. Volumes have changed from bullish to bearish.
Daily – Flat. In the move down from the expected 152-18 short entry (A quick two pts. Missed this one, wasn’t paying attn). Trade pressures are down. Volumes are bearish.
The next target down is 149-20.
A close above 151-25 is the next long entry and also the stop.