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USD_ DXU24

Weekly –  8/16/24 In the new August down trend.  Trade pressures remain down. Volumes are now bearish.

Daily – Short. Testing support at 100.58.  Trade pressures are down  Volumes are bearish.

At the 100.58 target. The expected oversold levels decline to 100.01.

A close above 101 would signal higher. The expected overbought level declines to 102.58.

[8-28-24: The 2hr chart has a buy signal, but the daily stays in downtrend. Watch the 10yr.]

 

US30YR T-BOND_ USZ24

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

Daily  – Flat. grinding higher. Lower Highs. Trade pressures are down.  Volumes remain neutral.

Now at 123-26. The next target up is 125-09. Overbought levels are 126-05.

A close below 121-23 would signal lower. Oversold levels are 119-25.