Issued: 04/27/2014
June 30 year treasury bond:
1. Friday’s continued failure at $135.10 in the June 30 year treasury bond (noted in the previous update) has somewhat larger implications for a multi-day trade to the downside.
2. Further decline and test/attempt at $134.06/$04 remains likely into early next week (week of April 28). New short entry will be messaged in tomorrow’s session if the market continues to confirm.
David Williams
Issued: 04/28/2014
June 30 year U.S. Treasury bond:
1. Today’s June 30 year treasury bond completed the forecast decline from $135.10 to $134.06 noted in Sunday’s (April 27) update. Today’s session low was $134.06. Will message any further entry or indication in tomorrow’s session.
David Williams