USD_ DXU23
Weekly – In the November 2022 downtrend and testing the upside resistance. Trade pressures are now up. Volumes are now neutral.
Daily – Long. In the move up from the long signal at 100.26 on 7/27. Trade pressures are up declining. Volumes have turned bearish.
The next target up is 103.41. The expected overbought levels are 102.83.
A close below 101.65 would signal lower. The expected oversold levels are now 100.49.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and moving away from upside resistance. Trade pressures are down. Volumes are now bearish.
Daily – Flat. Waterfall lows. Trade pressures are down. Volumes are now bullish.
The next target down is 119-04. Expected oversold levels are 116-06.
A close above 124-09 would signal higher. Expected overbought levels are 123-17.
So, no to the 124-09 new long signal.