USD_ DXU16 #usdollarfutures
Weekly – Still in downtrend. Trade pressures are up. Volumes have changed from bearish to bullish.
Daily – The trade is up from the 95.12 entry level. Trade pressures are down but rising into the neutral zone after the weeks selloff. Volumes are bullish.
The next target up is 96.86.
Use 94.42 as the change in trend level. 92.80 is the next lower target.
30 Year US Treasury Bonds_ USZ16 #ustreasuryfutures
Weekly – Pulling back into the support at 166-167. Trade pressures are down. Volumes remain bearish.
Daily – Flat. Directionless until this Thursday and Friday selloff. Trade pressures are down but still in the neutral zone. Volumes are bearish.
The next target down is 165-28, then 161-10.
Need a close above 171=01 to resume the long trade.