December U.S. T-Note Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for December Treasury note futures that prices are in an uptrend and the bulls have the solid near-term technical advantage. Flight-to-safety buying continues to support U.S. Treasuries. A move above resistance at this week’s high of 125.30.5 would become a buying opportunity. The upside price objective would be 127.16.0 or above. Technical support, for which to place a protective sell stop just below, is located at 125.08.0.
