December U.S. Treasury bond futures (ZBZ25) present a buying opportunity on more price strength.
See on the daily bar chart for December T-Bond futures that prices have rallied recently and are at a four-month high. Prices have also seen a bullish upside “breakout” from the recent choppy trading range. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the red MACD line has crossed above the blue trigger line and both lines are trending up.
