USD_ DXM18 #usdollarfutures
Weekly – The weekly pressures propelled the market higher each day this week. Trade pressures are up. Volumes remain bullish.
Daily – The break out on Monday above the 90.22 profit target continued for the rest of the week. Trade pressures are up and looking extended. Volumes are bullish with a bearish close on Friday.
At the 91.26 target now.
The next target up is 92.95.
A close below 90.31 would signal a change in trend.
US 30 YR T-BOND_ USM18 #ustreasurybondfutures
Weekly – The move down began in the first week of January 2018. Trade pressures are in the neutral zone. Volumes are bearish.
Daily – Flat. In the move down from the 144-02 level. Trade pressures are down. Volumes are mixed neutral to bullish.
The next target down is 141-01.
A close above 142-28 would signal a retracement back into the 145 area.