USD_ DXZ16  #usdollarfutures

Weekly – The bullish volumes were the keys to discovery. Trade pressures are up. Volumes remain bullish.

Daily – Still in the move up from the 95.06 signal. Trade pressures are up and extended. Volumes are bullish.

The uptrend has broken up and out of the 94-96 channel. The next target up is 98.57.

A close below 95.84 could signal a new move down.

 

30 year US Treasury Bond_ USZ16  #ustreasuryfutures

Weekly – Still in the uptrend and nearing support at 162-05. Trade pressures in the neutral zone and declining. Volumes are bearish.

Daily – Flat. The call to wait was good as the volumes pushed price down thru the 168-13 new short entry price. Trade pressures are down and extended. Volumes are mixed bearish to neutral.

The next target down is 163-02 followed by 161-10; but expect some consolidation in here.