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USD_ DXZ21
Weekly – In the March 2021 uptrend. Trade pressures are down. Volumes are neutral.
Daily – Trading in the channel between 89 and 94 for all of 2021. Trade pressures are down into the neutral zone. Volumes are neutral.
The next target down is 91.29.
A close above the previous high of 92.85 would signal higher.
US 30YR T-BOND_ USZ21
Weekly – In the July 2021 uptrend. Trade pressures are up but declining to near the neutral zone. Volumes are neutral.
Daily – Flat. Showing a bull flag and has tested the upper boundary 4 times. Trade pressures are in the neutral zone. Volumes are bullish.
If the S&P 500 breaks down, then a trade above 164-20 would signal a new move up.
A close below 161-24 would signal lower and would be the initial stop for any move up.