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USD_ DXU23
Weekly – In the November 2022 downtrend and testing the upside resistance. Trade pressures are now down. Volumes are now bearish.
Daily – Short. In the move down from the 102.77 break down. Trade pressures are in the neutral zone. Volumes are neutral.
The next target down is 101.99. The expected oversold levels are 101.77.
A close above 103.40 would signal higher. The expected overbought levels are now 103.80.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and still testing the upside resistance. Trade pressures are down but rising. Volumes remain bearish.
Daily – Long. From the close above 128-08 on 6/20. Trade pressures are down. Volumes are bullish.
The next target up is 128.24. Overbought levels are 128.26.
A close below 125-13 would signal lower. USE 125-10 as the SL.
The expected oversold level is 125.26.