September U.S. Treasury note futures (ZNU25) present a selling opportunity on more price weakness.
See on the daily bar chart for September U.S. T-Note futures that prices are trending lower and last week hit a four-week low. See at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bearish posture as the red MACD line is below the blue trigger line and both are trending down. Bears have the near-term technical advantage.
