USD_ DXM16

Weekly – Continues in the move down. Trade pressures are down. Volumes are bearish.

Daily – In the move down. At the 94 target. Trade pressures are down. Volumes are bearish.

The next target down is 91.71.

Need a close above 95.63 to signal higher.

 

30 YR T-BONDS_ USM16

Weekly – Still in the uptrend, moving back toward a test of the old highs. Trade pressures are up. Volumes are mixed neutral to bullish.

Daily – Flat. In the move up from the 165-03 entry price. Trade pressures are up and beginning to become extended. Volumes are bullish. Large daily ranges make it difficult to trade.

Perhaps a spike up? Then would consider a short with a close below 165-06.