Weekly – The 96 level has held support for 10 weeks now. Trade pressures are Volumes are neutral.
Daily – In the move up from the 96.69 long entry level. Trade pressures are up. Volume are bullish.
The next target up is 97.90.
But resistance is at 97.67. A close below 96.92 would signal lower.
US 30YR T-BONDS_ USH20
Weekly – In a retracement down with the uptrend. Trade pressures are down and looking oversold. Volumes are bearish.
Daily – Short. In the move down from the 158-11 entry. Trade pressures are down and oversold. Volumes remain bearish.
The next target down is 154-19. Take profits at this target.
A close above 156-25 would signal higher.
Set buy stops at 156-25.
[12-27-19:Stopped out 156-25 overnight.]