December U.S. T-Bond futures a selling opportunity on more price weakness.
See on the daily bar chart for December U.S. Treasury bond futures that prices remain in a solid downtrend and have recently hit a contract low. The bears remain in firm technical command. A move below chart support at the contract low of 128 12/32 would become a selling opportunity. The downside price objective would be 123 even, or below. Technical resistance, for which to place a protective buy stop just above, is located at 131 even.
