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USD_ DXM23
Weekly – In the November 2022 downtrend. Trade pressures are now up. Volumes are now bearish.
Daily – Long. In the move up from the 102.76 long entry on 2/3. Trade pressures are down. Volumes are now bearish.
The next target up is 107.11. Overbought is now 105.91.
The move up was stopped by the 200 day MA at 105.87. A close below 102.43 would signal lower (SL). Oversold is expected at 104.12.
US30YR T-BOND_ USM23
Weekly – In the October 2021 downtrend. Trade pressures are now up into the neutral zone. Volumes are now bullish.
Daily – Long. The move down was reversed with a move up thru 123-30 and then the 126-18 long entry. Trade pressures are up. Volumes are now bullish.
The next target up is 130-14. overbought is at 133-18. [The next target up is now the 132-09 upside target and the overbought area. TP here.]
The close below 126-25 would signal lower. Use this as the SL.