06/17/2015 – 30 YR Treasury Bond
September 30 year U.S. Treasury bond:
1. In Monday’s June 15 Williams edge live meeting it was noted that a test and daily close below $151.20 in the September 30 year U.S. Treasury bond would indicate a tradable decline and test/attempt at $149.21/$19 into Tues. June 16 (+/-1 day).
2. The bond market closed firm the following day (Tues., June 16) prompting extra caution and no indicated short entry. However, The market declined sharply today and completed the forecast $149.21/$19 downside target noted in the original update.
3. In today’s (Wednesday, June 17) Williams edge live meeting it was noted that traders could short the September 30 year U.S. Treasury bond market at the then current price of approximately $151.04 for the continued decline and completion of the $149.21/$19 downside target. Traders taking advantage of this indication were rewarded with a successful trade. Will message any further entry or indication in the September 30 year U.S. Treasury bond market.
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.