06/21/2015 – 30 YR Treasury Bond
Issued: 06/22/2015
September 30 year U.S. Treasury bond:
1. Our protective sell stop at $151.03 was hit in the September 30 year U.S. Treasury bond, resulting in a loss on the position. This position was based upon Friday’s (June 19) Williams edge live meeting update.
2. Friday’s daily close at $152.01 placed the market in a stronger position. Therefore, today’s sharp decline is considered an unusual move.
3. However, the September 30 year U.S. Treasury bond is attempting to firm up and may prompt long reentry in today’s session for the original upside target at $152.20 (or higher). Will update as the market continues to confirm.
David Williams
Issued: 06/18/2015
September 30 year U.S. Treasury bond:
1. The September 30 year U.S. Treasury bond is expected to retest the critical $149.19 recent downside target into Mon., June 22 (+/-1 day).
2. A daily close on Mon., June 22 (+/-1 day) above either $149.19 or $148.24 will likely prompt new long entry for an important advance. Will update as the market continues to confirm.
David Williams
Issued: 06/21/2015
September 30 year U.S. Treasury bond:
1. Those long from Friday’s (June 19) daily close (or lower) should place a protective sell stop at $151.03. This stop will be moved higher as the market continues to confirm. Will update.
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.