USD (DX)_ DXZ15
Weekly – Approaching the old highs. Trade pressures are up. Volume remains bullish.
Daily – Remains in the uptrend. the next target up is 100.48. Trade pressures are up but declining. Volume remains bullish.
A close below 98.21 will signal lower.
30Yr T-BONDS_ roll to the march contract. USH16 [Sell Dec at 155-08, buy at Mar @ 153-28.]
Weekly – Still in a downtrend. Trade pressures are rising and neutral. Volume is also neutral for these last two weeks.
Daily – Long. The next target up is 155-15. Trade pressures are up. Volume has turned neutral.
A close below 152-11 would signal lower.
Set the stop at 152-11.
[12-1-2015 update: raise stops to entry price 153-23.]
[12-3-2015 update: ECB doesn’t lower rates. stopped out at the 153-23 entry price.]