06/14/2017 – 30 YR Treasury Bond
September 30 year U.S. Treasury bond:
1. In yesterday’s (Tuesday, June 13) Williams edge live meeting it was noted that continued daily closes above $153.23 in the September 30 year U.S. Treasury bond market would indicate a tradable advance to $154.27 (or higher). It was noted that while this advance was expected, we were not interested in being in the bond market during today’s (Wednesday, June 14) Fed interest rate announcement itself.
2. Subsequently, the bond market closed the day at $153.30 (well above $153.23) indicating new long entry. Today (Wednesday, June 14) the September 30 year U.S. Treasury bond advance powerfully and completed the $154.27 upside target (today’s session high $155.27, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the September 30 year U.S. Treasury bond.
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.