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Barchart
Barchart
Jim Wyckoff

The U.S. Economy Is Surprisingly Resilient. 1 Trade to Make Now as a Result.

March 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 lower. 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 has just crossed below the red trigger line. Bears have the near-term technical advantage.

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