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