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USD_ DXM24
Weekly – Remains in the new April uptrend. Trade pressures are up. Volumes are now bullish.
Daily – Flat. In the move up from 103.48 on 3/19 and now near the 106.48 target. Trade pressures are up. Volumes are bullish.
The next target up is 106.48. The expected overbought levels remain 105.57.
A close below 104.25 would signal lower. 103.745 is the expected oversold level.
US30YR T-BOND_ USM24
Weekly – Breaking support, now in a new April 2024 downtrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. Sold down thru the 114-31 support, moving to the lower median line channel. Trade pressures are down. Volumes are now neutral.
The next target down is the LML at 113-07. Oversold levels are 112-16.
A close above 115-31 would signal higher. Overbought levels are 117-15.