Us Treasury 6 Month Bill is slightly down on the day, it isn't making a very large move but still down -0.02%. We'll see if it can keep moving down or not. It looks like XBIL may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line XBIL is near a weak support line. We'll see if it bounces off or heads lower. Momentum wise Us Treasury 6 Month Bill, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.
If we get a reversal off of support and Us Treasury 6 Month Bill starts moving up, it can probably get to $50.165 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.
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