USD_ DXU16

Weekly – Still in the downtrend but near a breakout at 98. Trade pressures are up and very extended. Volumes have changed to bullish from neutral.

Daily – Continuing the move up after a week of consolidation. Trade pressures are up. Volumes remain bullish.

The next target up is 97.74.

A close below 95.71 would change the trend to down.

 

30YR T-BONDS_ USU16

Weekly – In the move up but retracing some of the move. Trade pressures are up but declining. volumes are bearish.

Daily – Short. In the move down from the 175-05 entry level. Trade pressures are down. Volumes have changed to neutral from bullish.

The next target down is 167-09.

Stops are at the 172-22 pivot.

A close above 174-05 will signal higher.

[7-26-16: stopped out the the 172-22 stop.]