Near Term Trend: Bearish
As of 3/9/18 close: Price 12001
Last week, I suggested selling bounces starting at 12024 and up to 12125 with stops on a daily close above 122 and with a downside target to cover of 11725.
US Treasury Futures have been tumbling lower recently as more strong US economic data continues to flow in on a daily basis. A bounce in TY prices should be coming. That bounce should be shorted.
I would be looking to short any bounces in TY futures to 12124.5 with stops above 122 and with a target of 116.