USD_ DXH17  #usdollarfutures

Weekly – Trend is up. Trade pressures are up and trending. Volumes remain bullish.

Daily – In an extended move up. Trade pressures are now down into the neutral zone. Volumes remain bullish.

Both the 102.05 and the 103.19 targets have been met. The 103 is acting as resistance. Expect consolidation and a possible retracement here.

A close below 101.44 would signal lower.

 

30YR T-BONDS_ USH17  #ustreasuryfutures

Weekly – Continuing the move down to the 144-11 weekly target. Trade pressures are down.  Volumes remain solidly bearish.

Daily – Flat. The next target down is the weekly 144-11. Trade pressures are down but rising (divergence). Volumes are bearish with one day of bullish volume.

Require a close above 151-10 to start any new move up.