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USD_ DXU24
Weekly – Remains in the April 2024 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Long. At the 105.82 upside target. Trade pressures are up. Volumes remain bullish.
105.82 is the next target up. 106.09 is the higher expected overbought level.
A close below 105.30 would signal lower. The expected oversold levels rise to 105.01.
US30YR T-BOND_ USU24
Weekly – In the April 2024 downtrend. Trade pressures are down into the neutral zone. Volumes are now bearish.
Daily – Flat. Stopped out at the 119-30 on 6/24 and moved down from 119-10 on 6-26-24. Trade pressures are down. Volumes are neutral.
The next target down is 115-30. Oversold levels are 117-13.
Need a close above 118-12 to start a new move up. Overbought levels are 121-12.