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USD_ DXM23
Weekly – In the November 2022 downtrend. Trade pressures are now up. Volumes are bullish.
Daily – Long. In the move up from the 102.76 long entry on 2/3. Trade pressures are down into the neutral zone. Volumes remain bullish.
The next target up is 107.11. Overbought is now 105.54.
A close below 104.04 would signal lower. Oversold is expected at 103.51.
US30YR T-BOND_ USM23
Weekly – In the October 2021 downtrend. Trade pressures are down. Volumes remain bearish.
Daily – Flat. The move down has broken the support levels and triggered a short trade at 127-23 on 2/10. Trade pressures are down, but rising. Volumes are now bearish to neutral.
Reached the low of 122-24 and starting a retracement up.
The close above 123-21 has signaled higher. Any long trade is counter to the weekly so, tight stops.