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USD_ DXU20

Weekly – Riding the uptrend support line at 97. Trade pressures are down but reversing. Volumes are now neutral.

Daily – has completed the move down to the 95.38 target; stopping just shy at 95.57 and in a retracement up. Trade pressures are up. Volumes are mixed bearish to neutral.

So, No bullish volume just yet and now near the 25×5 MA at 97.50 and the 200 day MA at 98.00; all of these should act as resistance. A close below 96.50 would likely continue the move down to the 95.20 level.

A close above 97.92 would signal a new move up.

 

US 30YR T-BONDS_ USU20

Weekly – After a three week test of the uptrend support line at 171, price has move up on bullish volume/. Trade pressures are up. Volumes are bullish.

Daily – Long . In the move up from the June 11th new long entry at 175-00. Trade pressures are up Volumes are bullish.

The next target up is 180-29.

A close below 178-11 would signal lower.

Set the stops at 178-11

[6-29-20: Raise the stops to breakeven at 175.00.]

[6-30-20: Raise stops to to 176-27, the 25×5 MA.] [6-30-20: sell at the market ~ 178-13.]