USD_ DXH17  #usdollarfutures

Weekly – Retracing the mid December run-up. Trade pressures are up and trending. Volumes went neutral into the year end trading.

Daily – In the move up from the 98.00 level. Consolidating at the 102-103 upside targets with the old 102 target acting as support. Trade pressures are up but have turned down. Volumes have changed to bearish in the is last trading days of 2016.

Negative divergences are showing in the indicators. A close below 101.44 would signal lower.

 

30YR T-BONDS_ USH17  #ustreasurybonds

Weekly – Closed the year end in this long downtrend. Trade pressures are down and extended. Volumes remain bearish.

The 144-11 downside target remains in place and active.

Daily – Flat. Getting near the new long entry of 151-10. Trade pressures are up thru the neutral zone. Volumes have changed to bullish.

May need the equity market to retrace to get these bonds moving?