USD(DX)_ the dollar is controlling the metals and the energies.
Weekly – Traded down to the 25×5 MA which has acted as support. Trade pressures are down. Volume has turned bullish from bearish. Expecting the 90 area to be a weekly downside target.
Daily – Has met the 94.25 downside target, traded down thru it for a week then turned higher to trigger a long entry at 94.78. The next target up is 97.43. Trade pressures are up. Volume is bullish and has confirmation.
move stops to the entry price at 94.78.
30yr T-BONDS_
Weekly – Consolidating at the 153-30 downside target. Next weekly target down is 147. Trade pressures are down. Volume has changed from bullish to bearish.
Daily – after the 10 pt move down, the daily has consolidated around the 153-30. Now in a long retracement trade triggered at 153-27. The next target up is 158-07. Trade pressures are still down but trending upward. volume is bullish. Volatility is high, so will move the stop to break-even as soon as possible.
stops at the 151-04 lows.