US $$

USD(DX)_ DXZ15

Weekly – retesting the May 2015 lows. Trade pressures are down. Volume is bearish. The weekly target is still the in the 90-91 area.

Daily – No trade. The move is down inside the longer up cycle. the next target down is 93.27. Trade pressures are down. Volume is bullish but slowing.

 

30yr T-BOND_ USZ15

Weekly –  Tested the August highs. Trade pressures are up but showing divergences. Volume remains bullish.

Daily – Flat. No trade. Still in the September move up from 155.24. The 159-20 target stopped this move. The next target up is 161-09. Trade pressures are up. Volume remains bullish.

Need a close below 158-13 with volume confirmation to establish a new short trade.

[Update 10-19-15: Short entry 158-10 triggered. Stops at 160-20. First profit target is 154-19.]

[Update 10-20-15; Tuesday AM pre-market moves down sharply. Move stops to 158-10 entry price.]

[Update 10-21-15: Flat. Wed AM rally to 158-10 stops out the trade.]