March U.S. Treasury note (ZNH26) futures present a selling opportunity on more price weakness.
See on the daily bar chart for March U.S. Treasury note futures that prices are trending down. A minor bear flag pattern has also formed on the daily bar chart. 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 near-term technical advantage.
