#usdollarfutures #ustreasurybondfutures
USD_ DXZ24
Weekly – In the new October 2024 uptrend. Trade pressures remain up but are turning down. Volumes is now neutral.
Daily – Short. The close below 106.37 on 11/27 triggered the short trade. Trade pressures are down. Volumes are bearish.
The next target down is 104.61. The expected oversold levels declines to 105.40.
A close above 106.09 would signal higher The expected overbought level declines to 107.50.
US30YR T-BOND_ USH25
Weekly – In a new October 2024 downtrend. Trade pressures rise to the neutral zone. Volumes are bullish.
Daily – Long. In the move up from the 115-15 low on 11-18 and the subsequent close above 116-25 on 11/25. Trade pressures are now up. Volumes are now bullish.
The next target up is 122-24. Overbought levels are 126-17.
A close below 119-17 would signal lower. Oversold levels are 118-09.
[The 10yr yield oversold level declines to 4.10%. Inflation expectations still rise thru 1Q25 and 2Q25.]