USD_ DXU16 #usdollarfutures

Weekly – In a two week rally off the $94 lows. Trade pressures rallied quickly thru the neutral zone and are now up. Volumes are still bearish.

Daily – Still in the move down with a downside target of 92.8. Trade pressures are up. Volumes are mixed neutral to bullish.

Resistance is at the 96.88 level.

 

30 YR T-BONDS_ USZ16 #ustreasuryfutures

Weekly – Consolidating at the 171 upside target. Trade pressures are down. Volumes are bearish.

Daily – Flat. Closed the long trade at the Sep ’16 expiration at 171-30 and at a loss. Trade pressures are neutral to down. Volumes are mixed bullish to bearish.

Still in the long trade setup. But downward projections suggest a possible downside target of 165-28.