June 30 year U.S. Treasury bond:
1. In yesterday’s (Wednesday, May 25) Williams edge live meeting it was noted that while the June 30 year U.S. Treasury bond had shown recent weakness, if yesterday’s session was unable to close hourly or daily below $153.05, the normal position for the market into today, Thursday, May 25 would be an adavance to $154.02/$03. During yesterday’s meeting, the June bond market market was trading at/near $153.04.
2. Subsequently, June bonds were unable to close hourly or daily below $153.05 and today (Thursday, May 25) completed the $154.02/$03 upside target (today’s session high, $154.02, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June 30 year U.S. Treasury bond.