#usdollarfutures #ustreasurybondfutures
USD_ DXH24
Weekly – Remains in the new December downtrend. Trade pressures are up but turning down. Volumes are now bearish.
Daily – Short. Down through bottom band of the channel. Trade pressures are down. Volumes remain bullish.
The next target down is 101.69. The expected oversold levels are 102.52.
In a bull flag. A break out would be at 103.91. The next target up is 104.41. 104.09 is the over-bot level.
US30YR T-BOND_ USM24
Weekly – In the new December 2023 uptrend but at support. Trade pressures remain down. Volumes are now neutral.
Daily – Long. In the new long from 120-09 on 3/6. Trade pressures are up. Volumes are now neutral.
The next target up is 123-07. Overbought levels are 127-18.
The next target down is the prior low at 117-12. Oversold levels remain 118-07.
Set the SL at 121-01.
[3-12-24: Stopped out for a gain.]