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USD_ DXZ22
Weekly – Retracing in the long uptrend from March 2021. Trade pressures are down into the neutral zone. Volumes are now bearish.
Daily – In the move down form the 113.58 short entry on 9/28. Trade pressures are down but rising. Volumes are now neutral.
109.35 is the oversold level. The next target down is 107.26.
A close above 111.86 would signal higher. 114.01 is the overbought level.
US 30YR T-BOND_ USZ22
Weekly – In the January downtrend. Trade pressures are down. Volumes are now bullish.
Daily – Long in the new move up from 121-11 long entry price. Trade pressures are up. Volumes are bullish.
The next target up is 125-02.
A close below the 117-19 low would signal lower. use as a SL. 10 year yields are looking higher so tight stops.