September Treasury note futures a buying opportunity on more price strength.

 

See on the daily bar chart the September U.S. Treasury note futures that prices are in a solid uptrend and last week hit a contract high. The bulls are in firm technical command. A move above Monday’s high of 125.12.5 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 124.23.0.

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