#usdollarfutures #ustreasurybondfutures

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.]

#crudeoilfutures #naturalgasfutures

CRUDE_ CLU24

Weekly – In the March 2024 uptrend and above support. Trade pressures are up but declining. Volumes remain neutral.

Daily – Short. in the new move down from 79.57 on 7/19.  Trade pressures have returned to down.  Volumes are now bearish.

The next target down is 76.03. The expected oversold level rises to 80.56.

A close back above 81.12 would signal higher. The expected overbought levels are now higher at 83.48.

[7-31-24: close short at76.95.]

 

NAT GAS_ NGQ24

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

Daily – Flat.  Relentless decline. Trade pressures are down.  Volumes remain bearish.

The next target down is 2.00. The expected oversold level declines to 1.94.

A close above 2.27 would signal higher.  The expected overbought level declines to 2.44.