USD_ DXM16

Weekly – The attempted move up stalled last week. Trade pressures are down into the neutral area. Volumes ahve changed from bearish to neutral.

Daily – Moved back into the down trend with a close below 93.95. Trade pressures are down but rising. Volumes are bullish.

The 25×5 moving average at 94.63 would offer resistance to this two day retracement move up.

 

30YR T-BONDS_ USU16

Weekly – Another rally week. Trade pressures have risen into the Neutral zone. Volumes remain bullish.

Daily – Flat. Missed this trade. Trade pressures are up and fully extended. Volumes remain bullish.

The next target up is 169.23.

Stops at 165-21.

A close below 166-24 would signal lower.