#usdollarfutures #ustreasurybondfutures
USD_ DXZ22
Weekly – In the March 2021 uptrend. Trade pressures are up. Volumes are bullish.
Daily – In a retracement of the upmove. Trade pressures are down. Volumes are bullish.
The next target down is 107.60.
A close above 109.10 would restart the move up.
US 30YR T-BOND_ USZ22
Weekly – In the Jan 2022 move down. Trade pressures are down. Volumes are bearish.
Daily – Short. In the move down from the 138.24 short entry on 8/19. Trade pressures are down but rising. volumes are bearish.
The next target down is 131-08. Take profits at 131-08.
[9/13/22: profit stop, out.]
A close above 134-00 would signal higher. Watch the 10 yr yields.