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USD_ DXU19

Weekly – The 1-1/2 year long move up to the 97 highs is now in consolidation. Trade pressures are neutral. Volumes are bearish.

Daily – The 97.68 upside May target was met almost to the dime. Trade pressures are down. Volumes are bearish.

June has been in the slow move down after a close below 97.42.

Now at the 95.68 target down.

The next target down is the prior lows of 94.63.

 

US 30 YR T-BONDS_ USU19

Weekly – Spiked to the weekly upside target of 156-01. Trade pressures are up. Volumes are bearish.

Daily – Flat. Looking for a trade lower. Trade pressures are up. Volumes are neutral.

The short entry has been triggered, but waiting for confirmation below 154-06.

A close above the prior 156-20 highs would signal a new move higher.

Set stops at those same highs, 156-20.