March U.S. T-Bond (ZBH27) futures present a buying opportunity on more price strength.
See on the daily bar chart for March U.S. Treasury bond futures that recent price action has negated a downtrend, prices are now starting to trend up, and that a bullish rounding-bottom reversal pattern has formed. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up. Bulls have momentum on their side.
