December U.S. Treasury Note Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for December U.S. T-Note futures that prices are in an accelerating uptrend and have hit a contract high this week. The bulls are in firm technical control. A move above resistance at this week’s high of 125.23.5 would become a buying opportunity. The upside price objective would be 127.00.0 or above. Technical support, for which to place a protective sell stop just below, is located at 125.00.0.
