June U.S. T-Bond futures a buying opportunity on more price strength.
See on the daily bar chart for June U.S. Treasury bond futures that prices are still in an uptrend and have just seen a profit-taking pullback. The bulls are still in technical control. A move above chart resistance at of 133 15/32 would give the bulls some fresh upside technical momentum and it would also become a buying opportunity. The upside price objective would be 137 even, or above. Technical support, for which to place a protective sell stop just below, is located at 132 even.
