USD_ DXM18  #usdollarfutures

Weekly – In the move down from the 91.30 level. Trade pressures are down but rising. Volumes have changed to bullish. The next target down is 86.64.

Daily – Have been consolidating just below the old downtrend resistance line and the new uptrend support line. Trade pressures are up. Volumes are now bullish.

In the new move up from the 88.80 level. The 90.38 upside target has acted as resistance.

The next target up is 92.02.

 

US 30YR T-BOND_ USM18  #ustreasurybondfutures

Weekly- retesting the lows of Dec 2016. Trade pressures are down but rising. Volumes are bearish. There is a weekly down side target at 140-09, just below the low pivot.

Daily – Flat. In the move up from the new long entry at 143-09. Trade pressures are up. Volumes are mixed, bullish to bearish.

The first long attempt was stopped out. The next target up is 146-10.

Now at the the downtrend resistance line. Expect some consolidation and retracement.

Support is at 143-11, the 25×5 moving average.