June 30 year treasury bond:
1. Since Tuesday, May 10 we have noted that the normal price level for the June 30 year U.S. Treasury bond was $166.18/$.20 into Wednesday, May 11.
2. However, an important resistance level at $166.08 was noted and we expressed concern that completion of $166.18/$.20 might be blocked by $166.08.
3. Today (Wednesday, May 11) the June 30 year U.S. Treasury bond advanced and quickly completed the $166.18/$.20 upside target (session high, $166.21). This successfully completes the forecast/trade. Will message any further entry or indication in the June 30 year U.S. Treasury bond.