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Barchart
Barchart
Jim Wyckoff

1 Trade to Make Now as Middle East Conflict Heats Up Inflation Fears

Inflation US Treasury

June U.S. T-Bond (ZBM26) futures present a selling opportunity on more price weakness.

See on the daily bar chart for June U.S. Treasury bond futures that prices are trending down and have just hit a five-week low. See, too at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the blue MACD line is below the red trigger line and both lines are trending down.

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