Issued: 06/04/2014
September 30 year U.S. Treasury bond:
1. Our previous (Tuesday, June 3) September 30 year U.S. Treasury bond update indicated potential new long entry upon any test at/near $135.05 based upon the forecast Wed., June 4 (+/-1 day) daily market bottom.
2. Today’s (Wed., June 4) session bottomed at $135.06 and continues to advance. Self-directed longs from at/near $135.05 should exit a portion of their position at current prices (current price $135.14).
3. An initial protective sell stop should be placed $135.02. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 06/04/2014
September 30 year U.S. Treasury bond:
1. Today’s September 30 year U.S. Treasury bond declined and triggered our protective sell stop at $135.02, resulting in a small gain on the entire position. Will update.
David Williams
Issued: 06/03/2014
September 30 year U.S. Treasury bond:
1. The next important daily market bottom for the September 30 year U.S. Treasury bond is Wed., June 4 (+/-1 day).
2. Any further decline and test of $135.05 (or somewhat lower) is important if occurs and may prompt new long entry based upon the forecast Wed., June 4 (+/-1 day) daily market bottom. Will message further details if the market confirms.
3. Will message any alternate long entry if $135.05 (or somewhat lower) is not reached.
David Williams