USD_ DXM17 #usdollarfutures
Weekly – Testing the weekly support line at the 25×5 moving average. Trade pressures are down but rising. Volumes are still bearish.
Daily – In the move down from 101.57. Trade pressures are down but rising into the neutral zone. Volumes are bullish.
The next target down is 98.19.
A close above 101 would signal higher.
30 YR T-BONDS_ USM17 #ustreasurybonds
Weekly – Still in the move sideways and in the downtrend. Trade pressures are up and extended. volumes are bullish.
Daily – Long. In the long trade from the 150-02 level. Trade pressures are up and trending. Volumes are mixed neutral to bullish.
The next target up is 156-26.
The stops are at the 150-02 long entry for a break-even.
A close below 147-10 would signal a new move down.
[4-417 Update:] 151-16. Take profits here, the two prior highs have acted as resistance and the hourly is over bought.]