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USD_ DXU23
Weekly – In the November 2022 downtrend and testing the upside resistance. Trade pressures are now up. Volumes are now neutral.
Daily – Long. In the move up from the long signal at 100.26 on 7/27. Trade pressures are up. Volumes are now bullish.
The next target up remains 103.41. The expected overbought levels are 102.87.
A close below 102.16 would signal lower. The expected oversold levels are now 100.51.
US30YR T-BOND_ USU23
Weekly – In the October 2021 downtrend and moving away from upside resistance. Trade pressures are down. Volumes remain bearish.
Daily – Flat. Waterfall lows. Trade pressures are down into the neutral zone. Volumes are bearish.
The next target down is 118-31. Expected oversold levels are 118-28.
A close above 121-24 would signal higher. Expected overbought levels are 124-02.