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USD_ DXU19
Weekly – The 1-1/2 year long move up to the 97 highs is now in consolidation. Trade pressures are neutral. Volumes are bearish.
Daily – The 97.68 upside May target was met almost to the dime. Trade pressures are down. Volumes are bearish.
June has been in the slow move down after a close below 97.42.
Now at the 95.68 target down.
The next target down is the prior lows of 94.63.
US 30 YR T-BONDS_ USU19
Weekly – Spiked to the weekly upside target of 156-01. Trade pressures are up. Volumes are bearish.
Daily – Flat. Looking for a trade lower. Trade pressures are up. Volumes are neutral.
The short entry has been triggered, but waiting for confirmation below 154-06.
A close above the prior 156-20 highs would signal a new move higher.
Set stops at those same highs, 156-20.