March U.S. Treasury note futures a selling opportunity on price weakness.
See on the daily bar chart for March U.S. T-Note futures that prices are in a four-week-old downtrend as the bears have gained some downside near-term technical momentum. A move in prices below chart support at 125.00.0 would provide the bears with fresh downside momentum and it would also become a selling opportunity. The downside price objective would be 123.08.0 or below. Technical resistance, for which to place a protective buy stop just above, is located at 125.20.0.
