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USD_ DXU23
Weekly – In the November 2022 downtrend and still testing the upside resistance. Trade pressures are up. Volumes are now bullish.
Daily – Long. In the move up from the long signal at 100.26 on 7/27. Trade pressure remains up. Volumes are now bearish.
The next target up is 104.25. The expected overbought levels are 104.25.
A close below 103.35 would signal lower. The expected oversold levels are now 102.70.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and moving down and away from upside resistance. Trade pressures are down. Volumes remain bearish.
Daily – Flat. A bounce off the 117-18 lows. Trade pressures are up. Volumes are bullish.
In the move up from 118-24 on 8/23. Expected overbought levels are 121-08.
A close below 119-06 would signal lower. The next target down is 117-10. Expected oversold levels are 116.16.