04/20/2016 – 30 YR Treasury Bond

June 30 year treasury bond:

1. In yesterday’s (Tuesday, April 19) Williams edge live meeting it was noted that any important advance which tested or attempted $166.10 could be sold short for a further decline and test of $164.14 (or lower) into Thursday, April 21 (+/-1 day).

2. Subsequently, the June 30 year U.S. Treasury bond advanced and made a swing high at $165.29, placing the market into selling territory. Today (Wednesday, April 20) the bond market declined sharply and completed the forecast $164.14 downside target. This successfully completes the forecast/trade.

3. However, in today’s meeting it was noted that our larger forecast (for $161.00 into May 2016) could begin with today’s decline and apparently that is the case as today’s session low is $163.08, so far. Keep this in mind.

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.