USD_ DXZ17  #usdollarfutures

Weekly – A spike low then returned to the recent highs. Trade pressures are up and trending. Volumes have returned to bullish from neutral.

Daily – Still in the move up from the 98.14 level. Trade pressures are down into the neutral zone. Volumes have changed from neutral to bullish.

Consolidating at the 101-102 levels. The next target up is the 103 level.

A close below 99.50 would change the trend to down.

 

30YR T-BONDS_ USH17  #ustreasurybondfutures

Weekly – In the downtrend that began late October, the next weekly downside target remains at 144-11. Trade pressures are down. Volumes have been bearish since mid August and remain bearish.

Daily – Flat. Price has been consolidating around the 150-21 target. Trade pressures are down but rising. Volumes are still bearish.

Price has broken the recent lows, but may be just a “wash and rinse” to setup a corrective rally.

Need a move thru the 152-06 level to trade the long side.