Near Term Trend: Bearish
As of 5/18/18 close: Price 11828.5
Last week, I suggested shorting bounces in TY futures up to 11920.5 with stops on a daily close above 12014.5 and with a downside target of 11610.
US Treasury Futures broke down this week as yields on the 10-year Treasury blew through 3% on the upside. I see more of the same coming perhaps after some counter-trend moves.
I would look to sell / short TY futures on a bounce up to 11902.5 with stops on a daily close above 11908.5 and with a target of 11710.5.