07/28/2018 – 30 YR Treasury Bond
September 30 year U.S. Treasury bond:
1. In last Thursdays (07/26) Williams edge session it was noted that the September 30 year U.S. Treasury bond decline was not quite over and that a further test of $142.20/$.17 would occur on Friday 07/27. At the time, bonds were trading at approximately $142.29.
2. Subsequently, the September 30 year U.S. Treasury bond declined and on Friday 07/27 completed the $142.20/$.17 downside target (swing low, $142.16). This successfully completes the forecast/trade.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.