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USD_ DXM20

Weekly – seems to be on two cycles, low-to-low. Trade pressures are in the neitral zone. Volumes are bullish.

Daily – Remains in this long consolidation between 101 and 98. Trade pressures are up and extended. Volumes are bearish.

This world wide adding of monies to the system prevents the dollar from dropping; a form of competitive devaluation?

 

US 30YR T-BOND_ USM20

Weekly – Also in consolidation between the 178-183 channel boundaries. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. Remains in the channel. Trade pressures are up but reversing. Volumes are now neutral.

In the move down from the spike high. In consolidation at the 177 downside target.

The next target down is the new short entry at 177-12.

A close above 181-12 would signal higher.