USD_ DXH18  #usdollarfutures

Weekly – Still in the move down from the 91.73 level.  Trade pressures are down but rising. Volumes are still bearish. The next weekly target down is 86.97.

Daily – So what to expect from the tariff bluster? Trade pressures are up but turning down. Volumes have changed to bearish.

In the move up from the 89.16 level and touched the 90.88 upside target. The tariff talk has dropped the US Dollar futures to 89.90 in two days. The next target down is 89.34.

The International community is targeting companies that are constituents of the Senate and House leadership. Seems completely unproductive?

 

US 30 Year Treasury Bond_  USH18  #ustreasurybondfutures

Weekly – Both the Dollar futures and the 30yr Bonds are dropping? Trade pressures are down. Volumes have changed from bearish to neutral.

Daily – Long. The 143-09 level has triggered a new long entry. Trade pressures are up. Volumes are now bullish.

Expect the treasuries to rise as the dollar declines. The next target up is 146-10.

Since this move is policy , or non-policy, driven, keep the stops at a very close 142-12.

A close below 141-26 would signal lower.

[3-8-18: raise the stops to 143-00.]