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USD_ DXU21
Weekly – 4 week move up off the support at 89.28. Trade pressures are up. Volumes are bullish.
Daily – The two day back test is just shy of triggering a new short entry at 91.58. Trade pressures are down. Volumes are bearish.
The next target down is the short entry at 91.58.
US 30 YR T-BOND_ USU21
Weekly – Trade up through the downtrend resistance, now a new uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. The prior long trade was stopped out early for a small gain. At the 200 day MA and showing consolidation and possible retracement. Trade pressures are up but declining. Volumes are now neutral.
The next target down is 157-31.
A close above 163 -06 would signal a resumption of the move up.