USD_ DXM18 #usdollarfutures
Weekly – Nine weeks of congestion between 88 and 90. Trade pressures are up thru the neutral zone. Volumes are bullish.
Daily – In the move up off the 88.80 level. Trade pressures are up. Volumes were bullish throughout the week, but closed Friday as bearish. (Tariff Talk?)
The next target up is 90.38.
The uptrend support line is 88.78. A close below this level would signal lower.
US 30YR T-BONDS_ USM18 #ustreasurybondfutures
Weekly – Seven weeks off the test of the 2016 lows. Trade pressures are up into the neutral zone. Volumes are bullish.
Daily – Flat. Remains in the move up form the the 143-09 long entry. Trade pressures are down into the neutral zone. Volumes are mixed, neutral to bearish to bullish.
The next target up is 149-10.
A close below 144-08 would signal lower.