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USD_ DXM20

Weekly – A the upper bound of the weekly channel. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Also at the upper bound of the daily channel. Trade pressures are up and extended. Volumes are bullish.

The next target up would be the prior highs at 103.96.

A close below 100 would signal a move to the lower bound of the channel at 98.40.

 

US 30YR T-BONDS_ USM20

Weekly – In the move down from the 184-09 weekly short entry. Trade pressures are up but declining into the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 181-03 new long entry. Trade pressures are down into the neutral zone.

The next target up is 187-04.

A close below the 177-06 level would signal a new short. Look for confirmation with the trade pressures turning down below the neutral zone.

[4-29-20: Sell short at 182-01. set the stops at 182-20. with a target of 181-16.]

[4-29-20 covered at profit target at the close – 118-16.]