USD_ DXU17 #usdollarfutures
Weekly – Still pointing to the weekly downside target at 94.50. Trade pressures are down and trending. Volumes remain bearish.
Daily – At the downside target of 95.43. Expect consolidation and retracement here. Trade pressures are down but rising. Volumes have changed to neutral.
Need a close above 97.52 to start a new move up.
US 30YR T-BONDS_ USU17 #ustreasuryfutures
Weekly – Two weeks into a pullback within the uptrend. Trade pressures thru the neutral zone and now down. Volumes are bearish.
Daily – Short. In the move down from the 156 short entry. Trade pressures are down. Volumes are bearish.
The next target down is 148-23.
Lower the stops to the 152 downside profit target.
The hourly is oversold. A close above 153-13 would signal higher.
[7-10-17: The 152 stop was triggered for a 4 pt profit.]