Weekly – Approaching the old highs. Trade pressures are up. Volume remains bullish.
Daily – In the move up. Trade pressures are up. Volume is bullish.
A close below 97.55 would change the direction.
30Yr T-BONDS USZ15 …. Will the FED respond to the market move down??
Weekly – In the move down finding support at the 151-24 downside target. Trade pressures are down. Volume is bearish.
Daily – Flat. Still in the move down. reached the 150-28 target. Now moving up to test the long entry price of 153-16. Trade pressures are down and extended. Volume has turned to neutral indicating profit taking and perhaps accumulation.
A close above the 153-16 level would signal a new long entry.