Make This 1 Trade Before a Likely Fed Rate Cut This Week

Core Viewpoint - March U.S. Treasury bond futures are currently presenting a selling opportunity due to a downward price trend, having reached a three-month low, with bearish indicators suggesting further weakness ahead [1][2]. Technical Analysis - The daily bar chart indicates that March T-Bond futures prices are trending lower, with a significant bearish posture as indicated by the MACD, where the blue line is below the red line and both are trending down [1]. - A breach of chart support at 115 would empower bearish sentiment, creating a selling opportunity, with a downside price objective set at 111 or lower [3]. - Technical resistance is identified at 116 20/32, where a protective buy stop should be placed just above this level [3]. Fundamental Analysis - The Federal Reserve is anticipated to cut interest rates soon, but the market perceives this as a "hawkish rate cut," implying that further cuts may not follow immediately due to mixed economic data and persistent inflation [2].