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USD_ DXU24

Weekly –  Remains in the April 2024 uptrend.  Trade pressures remain down. Volumes remain bearish.

Daily – Long. The close above 102.64 has triggered a new long entry on 8/6/24.  Trade pressures are down  Volumes are bearish.

The next target up is 103.64. The expected overbought level declines to 104.13.

A close below 102.70 would signal lower. The expected oversold levels decline to 102.05.

Set the SL at 102.70.

 

US30YR T-BOND_ USU24

Weekly – In a new August 2024 uptrend.  Trade pressures remain up.  Volumes are now bearish.

Daily  – Flat. trade to a high of 126-27 then gives it back near the original long entry. Trade pressures are down.  Volumes are neutral.

Now at 122-29. Overbought levels are 123-07.

A close below 121-17 would signal lower. Oversold levels are 119-17.

[8-11-24: Let this trade get way. Close the position and start over.]