September U.S. T-Bond Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart the September U.S. Treasury bond futures that prices have sold off recently and an uptrend line has been negated. A move below chart support at 135 even would provide the bears with fresh downside technical momentum and it would also become a selling opportunity. The downside price objective would be 131 even, or below. Technical resistance, for which to place a protective buy stop just above, is located at 137 even.
