01/24/2016 – 30 YR Treasury Bond
- January 24, 2016
- 30 YR Treasury Bond
Issued: 01/21/2016
March 30 year U.S. Treasury bond:
1. The next important important daily bottom in the March 30 year U.S. Treasury bonds is Tuesday, January 26 (+/-1 day) where prices are expected to be trading at approximately $158.10 (or lower). Today’s (Thursday, January 21) daily close was $159.11. Will update in tomorrow’s Williams edge futures meeting.
David Williams
Issued: 01/25/2016
March 30 year U.S. Treasury bond:
1. Our previous March 30 year U.S. Treasury bond report noted that the next important important daily bottom in the March 30 year U.S. Treasury bonds is Tuesday, January 26 (+/-1 day) where prices were expected to be trading at approximately $158.10 (or lower). Today’s (Thursday’s, January 21) daily close was $159.11.
2. Subsequently, the bond market advanced to $159.27 before reversing and quickly completing the $158.10 downside target (Friday’s Jan. 22 swing low, $158.06). Although the $158.10 downside target was reached slightly early, 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.