12/11/2014 – 30 YR Treasury Bond
Dec. 30 year U.S. Treasury bond:
1. In Wednesdays (Dec. 10) Williams edge live meeting it was noted that Dec. 30 year bonds were expected to continue to advance from the then current price of $144.25 up to $146.15 during the month of Dec. 2014, and likely prior to the usual pre-holiday market slowdown.
2. Today’s (Fri., Dec. 12) Dec. 30 year U.S. Treasury bond continued on the advance and completed the forecast $146.16 upside target (today’s session high, $146.22).
3. Although no official new long entry was issued, aggressive self-directed traders exited the majority of their position at/near the $146.15 upside target. Will message any further entry or indication in the incoming March 30 year U.S. Treasury bond.
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.