01/25/2017 – 30 YR Treasury Bond
- January 25, 2017
- 30 YR Treasury Bond
March 30 year U.S. Treasury bond:
1. On Friday, January 20 we noted in our Williams edge live meeting that a daily close above $150.07 (best case) or $150.20 would indicate new long entry in March bonds for a multi-day advance to $153.20. Partial long position exits were indicated at/near $152.00.
2. Subsequently, March bonds advanced powerfully into Monday, January 23, completing the $152.00 initial upside target. However, in the next 2 days bonds reversed powerfully lower indicating an inversion and substantially lower prices coming (including a test of $149.00). This resulted in a stop out of any remaining long position and a possible loss. Will message any further entry or indication in the 30 year U.S. Treasury bond market.
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.