Issued: 05/15/2014
June 30 year U.S. Treasury bond:
1. Our May 1 30 year U.S. Treasury bond update forecast a continued advance from approximately $135.10 to at/near $137.10, then $138.15/$20.
2. Our subsequent May 4 June 30 year U.S. Treasury bond update indicated new long entry be taken at $135.13 as entry for the longer-term forecast targets noted on May 1.
3. Today’s June 30 year U.S. Treasury bond session completed the forecast $137.10 initial upside target (and higher). Self-directed traders based upon the May 1-4 update should have exited a portion of their long position at/near the $137.10 initial target. Final long position exit should be taken at/near the $138.15 target, noted in the original update.
4. A suggested protective sell stop should be placed at $136.10 and moved up as the market continues to confirm.Will update.
David Williams
Issued: 05/21/2014
June 30 year U.S. Treasury bond:
1. The next important daily market bottom for the June 30 year U.S. Treasury bond is due on Thursday May 22 (+/-1 day). A daily close above $136.15 is the stronger position during that timeframe.
2. A tradable multi-day advance is expected off the Thursday, May 22 (+/-1 day) daily bottom. Will message any new entry as the market continues to confirm.
David Williams
Issued: 05/27/2014
June 30 year U.S. Treasury bond:
1. Our recent Wed., May 21 update indicated that Thursday, May 22 (+/-1 day) was the next daily bottom in the June 30 year U.S. Treasury bond. A tradable multi-day advance was forecast off that bottom.
2. Continued hourly and especially daily closes above $136.24 indicate higher prices into Wed., May 28 when a test/attempt at $137.14/$16 should be reached (or higher). Will message specific long entry as the market continues to confirm.
David Williams
Issued: 05/27/2014
June 30 year U.S. Treasury bond:
1. Our recent May 21 update indicated Thursday, May 22 (+/-1 day) as the next important daily bottom in the June 30 year treasury bond. This bottom occurred ‘on time’ on Thursday, May 22.
2. Our May 27 update indicated potential new long entry upon continued any hourly or especially daily close above $136.24. The initial upside profit target was $137.14/$16. Today’s session completed the $137.14/$16 profit target (session high, $137.15), so far.
3. Higher prices remain possible. A daily close above $137.14 is the stronger position.
4. Any remaining long position should be protected with a stop at $136.31. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 05/28/2014
June 30 year U.S. Treasury bond:
1. Today’s June 30 year U.S. Treasury bond continued on the recent forecast advance from $136.24 to the initial $137.14/$16 upside target reached yesterday.
2. Today’s 30 year U.S. Treasury bond market continued on the forecast advance and has made its first attempt at the longer-term $138.15/$20 upside target first noted in our May 15 update (today’s session high, $138.07, so far).
3. Therefore, final long position exit should be taken at this time (current price, $138.05). This completes the trade. Aggressive can remain long for the possibility of higher prices.
4. Those holding for any final aggressive exit should raise their protective sell stop to $137.18. The stop will continue to be moved higher as the market confirms.
David Williams