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Barchart
Barchart
Jim Wyckoff

As Bond Yields Rise, Make This 1 Trade Now

December U.S. Treasury note (ZNZ25) futures present a selling opportunity on more price weakness.

See on the daily bar chart for December U.S. T-Note futures that prices are now trending lower and have hit a three-week low. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator has recently produced a bearish line crossover signal, as the red MACD line has crossed below the blue trigger line. Both lines are also trending lower.

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