December U.S. Treasury note futures a selling opportunity on more price weakness. See on the daily bar chart for December U.S. T-Notes that prices are in a downtrend and on Monday hit a six-week low. The bears still have some downside technical momentum to suggest prices will continue to trend sideways to lower in the near term. A move below technical support 124.00.0 would become a selling opportunity. The downside price objective would be 122.16.0, or below. Technical resistance, for which to place a protective buy stop just above, is located at 124.24.0.
