Weekly – A three week decline. Trade pressures are down. Volumes are bearish.
Daily – Flat. At the 100 percent target of the move down. Trade pressures are down. Volumes are Bearish.
The next target down is 96.52.
A close above 97.56 would signal higher.
US 30YR T-BONDS_ USZ19
Weekly – In the wide channel from 157-17 to 165-06. Trade pressures are flat and in the neutral zone. Volumes are neutral.
Daily – Flat. A the 61.8% target down in this retracement move. Trade pressures are down and turning up. Volumes are bearish.
The next target down is 155-31.
A close above 161-04 would signal higher.