US$$

USD_ DXU17  #usdollarfutures

Weekly – Consolidating below the 97.93 target. Trade pressures are down. Volumes are bearish. The next weekly target down is 94.53.

Daily – Bouncing off the 96 lows. Trade pressures are up but declining. Volumes are bullish.

The next target down is 95.17.

Testing the 97.60 overhead resistance.

A close above 98.32 would signal a new move up.

 

US 30YR T-BONDS_ USU17  #ustreasuryfutures

Weekly – The move up continues. Trade pressures are up. Volumes are bullish.

Daily – Flat. Continuing new highs. Trade pressures are up and trending. Volumes are bullish.

The next target up is 157-17.

A close below 155-15 would signal lower.

[update 6-27-17: the short entry is now 156-00. ]

[6-28-17: Lower stops to a break-even at the 156-00 short entry.]