02/01/2016 – 30 YR Treasury Bond
March 30 year U.S. Treasury bond:
1. In Fridays (January 29) Williams edge live meeting it was noted that the March 30 year U.S. Treasury bond (then trading at approximately $161.05) was expected to continue to advance to $162.17, then $163.00 prior to the ending of the current move.
2. Subsequently, bonds initially declined to $160.15 before reversing and today (Tuesday, February 2) completing both the $162.17 and $163.00 upside targets (today’s session high, $162.31, so far). This successfully completes a near 2 point advance in the March 30 year U.S. Treasury bond. Will message any further entry or indication as the market confirms.
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.