December U.S. T-Bond (ZBZ26) futures present a selling opportunity on more price weakness.
See on the daily bar chart for December U.S. Treasury bond futures that prices are trending down and have just hit a contract 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. The bears have the solid near-term technical advantage.
