US $$

USD(DX)_

Weekly – The dollar has pulled back from the March highs to the 25×5 moving average. Then a two week rally was stopped and the move down resumed two weeks ago. Attempting to reach the multiple targets in the 90-94 area. Trade pressures are down. Volume has turned neutral from the prior weeks bullish – so, some distribution at a minimum.

Daily –  The trade is down from the 96.57 short entry. the next target down is 93.85. Trade pressures are down and volume is bearish.

Move buy stops to the entry price of 96.57.

30yr T-BONDS_

Weekly – Trade pressures are down but showing divergence. Volume is bearish.

Daily – the short trade from the 152-06 entry price met the 147-18 target for a 4pt 12 tick move. The trade is flat.

Trade pressures are down but rising to almost neutral. Volume is bullish.

The retracement move up from the 147 target is signalling long, but need to wait for the pull back and a second time thru to confirm.