TradingView
ili-2000
Aug 4, 2020 12:09 PM

ZB1! 

U.S. Treasury Bond FuturesCBOT

Description

We notice that the ZB is on an uptrend and that the price condenses more and more in a triangle which means that it will soon take a direction. In addition, it is close to the 182 spotting zone thanks to the FIBONACCI configuration, which means that it will necessarily be able to break this resistance. In my opinion, I will wait until this configuration is validated in order to take a position and aim for the next resistance which is located at the 186 level.
More