June 30 year U.S. Treasury bond:
1. Since Thursday, April 3 in our Williams edge live meetings it was noted that hourly closes above $165.10 would indicate an advance to $166.15 (and possibly $167.00).
2. Yesterday (Monday, April 4) bonds closed hourly above $165.10, indicating new long entry. Partial long position exits were taken at/near the initial profit target of $166.15. Any remaining long position should be held for the possibility of higher prices, including $167.00 noted in the original forecast.
3. A protective sell stop should be placed at $165.20. This stop will be moved higher as the market continues to confirm.