Near Term Trend: Bearish
As of 4/6/18 close: Price 12100.50
Last week, I suggested shorting bounces in TY futures up to 12109 with stops on a daily close above that and with a downside target of 11625.
US Treasury Futures tested 12109.5 resistance on Monday and have since tumbled in price. That level is obviously a key battleground. Below it is bearish and above it is bullish for bonds.
I would continue to sell / short TY futures at 12109 with stops on a daily close above 122 and with a downside target of 11625.