USD_ DXM17  #usdollarfutures

Weekly – The “Trump” drop created a new downtrend. Trade pressures are down. Volumes are bearish.

Daily – With all the political turmoil the 25×5 moving average rejected the attempt at a new move up. Trade pressures have turned back down. Volumes are mixed, bullish to bearish.

The 97.51 downside target failed to hold. Now the 94.66 is the next target down.

A close above 99.29 would be required to restart a new move up.

 

30YR T-BONDS_ USM17  #ustreasurybondfutures

Weekly – Rally remains in the downtrend. Trade pressures are down but rising. Volumes have changed to bullish.

Daily – Long. In the trade from 152-15. Trade pressures are up. Volumes have changed from bullish to neutral.

The next target up is 156-07.

The stops have been raised to the entry price of 152-15.