USD_ DXU18  #usdollarfutures

Weekly – In the uptrend. Trade pressures are up but declining. Volumes have changed from bullish to neutral.

Daily – The prior week’s breakout to the 97 area was quickly retraced. Trade pressures are now down. Volumes have changed fro neutral to bearish.

The new short entry and the 25×5 moving average resistance are both at 95.12. A break below that level would signal lower.

Uptrend support is just below the new short entry level.

The first target down is 92.52.

A close above the 96.67 prior high pivot is necessary to restart the move up.

 

US 30YR T-BONDS_ USU18  #ustreasurybondfutures

Weekly – The week’s rally is nearing a test of the June July highs. Trade pressures are up. Volumes have changed from neutral to bullish.

Daily – Flat. The 143-13 long entry was triggered in the week prior to this last week, but needed to wait for the break above the 25×5 moving average. Trade pressures are up. Volumes are bullish.

Now at the first long profit target at 145-29 and expecting consolidation here,

The next target up is 148-13.

A close below the 25×5 moving average at 143-28 would signal lower.

Use that 143-28 level as the stop.