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USD_ DXU24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures remain down. Volumes remain bearish.

Daily – Long. Closed above the down trendline line at 104.11.  Trade pressures have risen into the neutral zone.  Volumes are neutral.

The next target up is 104.59.  The higher expected overbought level declines to 104.97.

A close below 103.78. The expected oversold levels decline to 103.20.

 

US30YR T-BOND_ USU24

Weekly – In the April 2024 downtrend.  Trade pressures are down into the neutral zone.  Volumes are now bullish.

Daily  – Long. Pulling back with the CrowdStrike news.  Trade pressures are up, but declining. Volumes are bearish.

[Set a SL at 118-11.] Overbought levels are 119-15.

A close below 118-04 would signal lower. Oversold levels are 116-27.

[7-24-24: Stopped out ar 118-11.]