01/29/2016 – 30 YR Treasury Bond
March bonds:
1. In Wednesday’s (January 27) and later Williams edge live meeting it was noted that March bonds (then trading at approximately $159.16) were expected to continue to advance and test $161, then $161.20 into late this week/early next.
2. Subsequently, March bonds advanced and today (Friday, January 29) completed the $161.20 upside target (today’s session high, $161.27, so far). This successfully completes the forecast/trade. Higher prices remain possible into next week. Will update 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.