01/08/2015 – 30 YR Treasury Bond
Issued: 01/09/2015
March 30 year U.S. Treasury bond:
1. Yesterday’s (Thurs., Jan. 8) March 30 year treasury bond report indicated new short entry at/near $147.02 in the March 30 year U.S. Treasury bond for a decline to and test/attempt of $146.21, then at/near $146.10.
2. Yesterday session completed the initial downside profit target at/near $146.21 (swing low $146.22).
3. Today’s session advanced and hit our recently adjusted protective buy stop at $147.11, resulting in an approximate breakeven on the entire position.
4. Any further test/attempt at $146.21, or $146.10 remains important and may prompt new entry. Will update as the market confirms.
David Williams
Issued: 01/08/2015
March 30 year U.S. Treasury bond:
1. The March 30 year U.S. Treasury bond continues to decline off its recent completion of the $148.15 upside target noted in recent Williams edge live meetings.
2. A test/attempt of $146.20, then $146.10 remains likely prior to the ending of the current decline.
3. Therefore, the market is in a ‘Sell’ position for aggressive traders at current prices (current price, $147.02). Partial short position exit should be taken at/near $146.21, then at/near $146.11. Any remaining short position can be held for the possibility of lower prices to be messaged in a subsequent update.
4. An initial protective buy stop should be placed at $147.26. The stop will be moved lower as the market continues to confirm. Will update.
David Williams
Issued: 01/08/2015
March 30 year U.S. Treasury bond:
1. Today’s (Thurs., Jan. 8) earlier March 30 year treasury bond report indicated new short entry at/near $147.02 for a decline to and test/attempt of $146.21, then at/near $146.10.
2. Subsequently, the bond market declined to the $146.21 initial profit target (swing low, $146.22, so far). Further decline remains possible, including a test/attempt at $146.10.
3. Our protective buy stop has been lowered to $147.11. This stop will continue to be moved lower as the market continues to confirm.
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.