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USD_ DXU24
Weekly – Remains in the April 2024 uptrend. Trade pressures are down. Volumes are bearish.
Daily – Short. Closed below the 105.07 support . Trade pressures are down. Volumes are bearish.
The next target down is 103.60. The expected oversold levels decline to 104.10.
A close above 104.09 would signal higher. The higher expected overbought level is 105.53.
US30YR T-BOND_ USU24
Weekly – In the April 2024 downtrend. Trade pressures are down into the neutral zone. Volumes are now bullish.
Daily – Long. Closed above the March UML at 118-27 on 7/11. Trade pressures are up. Volumes are bullish.
The close above the 200 day MA at 117-19 started a new move up. Overbought levels are 120-28.
A close below 119-09 would signal lower. Oversold levels are 116-11.