March Treasury Bond Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for March T-bond futures that prices are in a downtrend. The bears would gain fresh downside momentum by pushing prices below solid technical support at Monday’s low of 139 even. That would also become a selling opportunity. The downside price objective would be 135 even, or below. Technical resistance, for which to place a protective buy stop just above, is located at 141 even.
