04/27/2014 – 30 YR Treasury Bond
June 30 year U.S. Treasury bond:
1. In our Friday, April 25 live meeting it was noted that continued hourly or a daily close below $135.10 in the June 30 year U.S. Treasury bond would send prices lower and test/attempt $134.25 into Monday, April 28 (+/-1 day).
2. Friday’s (April 25) session closed both hourly and daily below the $135.10 level, sending prices lower. Today’s (Sunday, April 27) Globex session low reached $134.27 (so far), against the forecast $134.25 downside target. This effectively completes the trade. No official trade entry was taken on the above information.
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.