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USD_ DXZ23

Weekly –  In the new September 2023 uptrend. Trade pressures remain up. Volumes are now bullish.

Daily – Flat. In the move up off the 105.30 low pivot and approaching the 106.37 long entry.  Trade pressures are now up. Volumes are neutral.

The next target up is 107.58. The overbought levels are 107.06.

A close below 105.99 signals lower. The expected oversold levels are now 105.24.

 

US30YR T-BOND_ USZ23

Weekly – In the October 2021 downtrend and now the first week of a higher high above the prior week. Trade pressures are down. Volumes are now bullish.

Daily  – Long. In the retracement up from the 11-25 long entry . Trade pressures are now up. Volumes remain bullish.

The close above 111-22 did signal higher and did change the trend to bullish.
Expected overbought levels are 118-07.

A close below 111-25 would signal lower. The expected oversold levels are 109-21.

[The higher time frame trend is still down so this is a short term trade, Use tight stops.]
SL is 111-26.

[10-16-23: Stopped out for a BW]