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USD_ DXZ24

Weekly –  In the new August 2024 downtrend.  Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Long. Big rally off the low pivot at 99.86 and thru the long entry at 100.51. Trade pressures are up.  Volumes are bullish.

The next target up is 102.58.  The expected overbought level rises to 102.29.

The break below the 101.63 signals lower. The expected oversold levels declines to 99.65.

 

US30YR T-BOND_ USZ24

Weekly – In a new August 2024 uptrend.  Trade pressures are down.  Volumes are bearish.

Daily  – Short. In the  move down from 126-16 on 9/18. Trade pressures are down.  Volumes are bearish.

The next target down is 119-27. Oversold levels 120-21.

A close above 123-02 would signal higher. Overbought levels are 127-00.

The 10yr yield is near its overbought level just below 4%.
Set tight stops on this short at 122-10. Set a profit stop at 120-20.

[10-08-24: Take profits at 120-29.]