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USD_ DXH24
Weekly – Remains in the new December downtrend. Trade pressures are down. Volumes are now neutral.
Daily – Flat. In the move up from the prior oversold level of 100.26. Trade pressures are up. Volumes are now bullish.
Still in the downtrend. 100.60 is the oversold level.
A close above 102.36 would signal higher. The expected overbought levels are then 102.98. Expect resistance and possible retracement here.
US30YR T-BOND_ USH24
Weekly – In the new December 2023 uptrend. Trade pressures remain up. Volumes are now neutral.
Daily – Flat. In a new downtrend with the break below 122-18. Trade pressures are down. Volumes are now bearish.
The next target down is 119-00. Oversold levels are 115-12.
A close above 123-07 would signal higher. The expected overbought levels remain 125-08.