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USD_ DXH21
Weekly – Near the 89.33 downside target. Trade pressures are down and trending. Volumes are bearish.
Daily – In the October move down. Trade pressures are down but reversing. Volumes are bearish.
The next target down is 89.04.
A close above 91.70 would start a new move up.
US 30YR T-BONDS_ USH21
Weekly – In the downtrend from 12/04/20. Trade pressures are down. Volumes are bearish.
Daily – Flat. Below the 200 day MA. Trade pressures are up and extended. Volumes are bullish.
The next target down is 171-22. Watch for the daily trade pressure reversal to synch with the weekly.
A close above 175-03 would signal higher.