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USD_ DXU19
Weekly – The spike up to the 98.70 high seems to be the top. Trade pressures are up. Volumes are neutral.
Daily – In the retracement move down from the new short entry at 98.10.
The 97.22 target was reached and is providing support. The next target down is 96.30.
A close above 97.76 would signal higher once again.
US 30YR T-BONDS_ USU19
Weekly – Spent most of the week at the 160-24 upside target level. Trade pressures are up. Volumes are bullish.
Daily – Flat. At the 163-11 upside target. Trade pressures are up but turning down. Volumes are bullish.
The next target up is 164-12.
With the trade pressures turning down the down side seems more likely. A close below 160-16 would signal lower. The next downside target is 157-07.
[812-19: Short at 163-18, the late day spike up. A speculative trade with the stop now at the short entry.]