#usdollarfutures #ustreasurybondfutures
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.]