USD_ DXU17  #usdollarfutures

Weekly – In the down trend still pointing at the 94.50 weekly target. Trade pressures are down and trending. Volumes remain bearish.

Daily – Still in the move down. Sitting on the 95.43 downside target and experiencing some consolidation at these levels. Trade pressures are down. Volumes have turned to neutral from bearish.

The next target down is 94.43.

A close above 97.52 would signal higher.

 

US 30year T-Bonds_ USU17  #ustreasuryfutures

Weekly – In a two week pullback after the upside breakout forming a new weekly uptrend.. Trade pressures are down into the neutral zone. Volumes have changed from bullish to bearish.

Daily – Short. The failure of the weekly triggered a new short at the 156 level. Trade pressures are down. Volumes have changed to bearish.

Price has traded down thru the first profit target of 154.

The next target down is 151-31.

Use the prior 154 profit target as the new stop.