06/04/2014 – 30 YR Treasury Bond
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
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.