USD_ DXU16  #usdollarfutures

Weekly – Remains in the downtrend after testing the downtrend resistance line.  Trade pressures are down. Volumes remain bullish.

Daily – Still in the move down after a rally caused by the good jobs report. Trade pressures are now neutral. Volumes have changed from bearish to bullish.

 

30Yr T-BONDS_ USU16  #treasuryfutures

Weekly – In the uptrend. Consolidating at the 171-27 upside target. Trade pressures are up but declining. volumes are bullish.

Daily – Long. In the move up but having some consolidation. Trade pressures are in the neutral zone. Volumes are bullish.

The next target up is 180-29. Very high in historical terms (or low in yield terms).

Stops are now 169-31. Hourly is over-sold. Move stops to the entry price on any break-out above the entry.