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.
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.