#usdollarfutures #ustreasurybondfutures
USD_ DXZ24
Weekly – In the new October 2024 uptrend. Trade pressures remain up. Volumes remain bullish.
Daily – Long. Rally is looking toppy. Trade pressures remain up. Volumes remain bullish.
The next target up is 107.90 which was touched briefly. The expected overbought level rises to 107.74.
The break below the 106.75 signals lower. The expected oversold levels rises to 105.59.
US30YR T-BOND_ USZ24
Weekly – In a new October 2024 downtrend. Trade pressures remain down. Volumes remain bearish.
Daily – Flat. In the move down from 119-27 on 10/21. Trade pressures are now down. Volumes are now bearish.
Retesting the downside target of 115-25. Oversold levels are 114-31.
A close above 116-25 would signal higher with a bull flag breakout at. Overbought levels are 117-23.
[The 10yr yield overbought level declines to 4.41%. Inflation expectations still rise thru 1Q25 and 2Q25.]