Weekly – Showing sellers down to support at the 94.21 level. Trade pressures are in the neutral zone. Volumes are bearish.
Daily – Sold down t the 95.41 target and now trying to rally. Trade pressures are down but rising. Volumes are bearish.
The next target down is 94.26.
A close above 95,72, would signal higher.
US 30YR T-BONDS_ USU19
Weekly – Consolidating at the weekly upside target of 156-01. Trade pressures are up. Volumes are bullish.
Daily – Short. In the new move down from the 155-19 short entry level after the confirmation of a close below the lower median line. Trade pressures are up. Volumes are neutral.
The next target down is 153-21.
A close above the prior high at 156-17 would signal higher.
Set stops at this prior high of 156-17.
[7-1-19: Lower stops to the short entry, 155.59.]
[7-2-19: Out at the breakeven.]