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USD_ DXZ18
Weekly – Still in the move up. Trade pressures are up but turning down. Volumes are now bearish.
Daily – Moving down in a retracement from the 94.93 short entry after meeting the 96.36 upside target. Trade pressures are down. Volumes are mixed , bearish to bullish.
The next target down is 92.43.
The weekend closed on an up-note. A move above the 25×5 at 94.91 would signal higher.
US 30YR T-BONDS_ USZ18
Weekly – A close below the weekly 25×5 moving average. Trade pressures are down. Volumes are bearish.
Daily – Short. In the move down from the break below the 25×5 moving average at 143-12. Trade pressures are down. Volumes are bearish.
The next target down is 140-21.
A close above 142-16 would signal a new short term move up.
Use this 142-16 as the new stop for the short trade.
[9-17-18: lower the stops to 142-06.]
[9-19-18: Lower stops to 141-04.]
[9-21-18: Lower stops to 140-22.]