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USD_ DXH24

Weekly –  Remains in the new December downtrend, but testing resistance.  Trade pressures are up. Volumes remain bullish.

Daily – Flat.  Continues with a second leg up from 102.36 on 1/16.  Trade pressures are now up.  Volumes are bullish.

In a small bull flag The next target up is 104-31.  104.71 is the over-bot level.

A close below 103.17 would signal lower.  The expected oversold levels are 103.13.

 

US30YR T-BOND_ USH24

Weekly – In the new December 2023 uptrend.  Trade pressures remain are down.  Volumes are bearish.

Daily  – Flat. No follow thru of the breakout; near the oversold levels. Watch the 10yr yields.  Trade pressures are down. Volumes are bearish.

The next target down is 118-31 and would be a new short entry.  Oversold levels remain 115-09.

A close above 120-30 would resume the move higher.  The next target up is 122-28.

[2-13-24: Short at 118-31. Set the SL at 119-23. TP at 117-26.]

[2-14-24: Profit stop met in the first hour.]