06/29/2014 – 30 YR Treasury Bond

Issued: 06/24/2014

September 30 year U.S. Treasury bond:

1. We continue to hold our remaining 2/3 long position from $135.11 in the September 30 year U.S. Treasury bond. This position was entered upon the daily close of Friday, June 20.

2. Higher prices remain indicated as noted in the original Thursday, June 19 forecast, including a test/attempt at $136.10/$11 into Thursday September 26 (+/-1 day).

3. Longer-term, still higher prices remain likely, including a test/attempt at $138.15/$20 into July, as noted in previous live meetings. Therefore, once $136.10/$11 is completed, some remaining long position should be maintained for the possibility of substantially higher prices ($138.15/$20, or higher) into July.

4. Our protective sell stop remains at $135.07. The stop will be moved higher as the market continues to confirm.

David Williams

Issued: 06/29/2014

September 30 year U.S. Treasury bond:

1. The next important daily market top in the September 30 year U.S. Treasury bond was Friday, June 27 (+/-1 day).

2. Although higher prices remain expected into July/Aug. ($138.15/$20 noted in previous updates), an important multi-day decline is likely off the Friday, June 27 (+/-1 day) daily top.

3. Therefore, it is prudent to exit our remaining 1/3 long position from Friday, June 20 at $135.11 as soon as today’s (Sunday, June 29) Globex session opens (Friday’s June 27 session closed at $136.29). This will complete the trade.

4. Will message any subsequent long entry for the larger $138.15/$$.20 upside target (noted earlier) as the market continues to confirm.

David Williams

Issued: 06/19/2014

September 30 year U.S. Treasury bond:

1. Continued daily closes above $134.30 (and worst-case $134.24) will indicate a tradable multi-day advance to at/near $136.10/$11 (or higher) into next week (the week of June 23).

2. Therefore, any touch and daily close above either $134.30, or $134.30 (or both) will indicate new long entry for the above-noted advance. An alternate long entry may be messaged early next week, if necessary.

3. Once long, a protective sell stop should be placed at $134.16. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 06/25/2014

September 30 year U.S. Treasury bond:

1. We remain long the 30 year U.S. Treasury bond from $135.11 noted in our original June 19 update.

2. Today’s September 30 year U.S. Treasury bond continued on the recent advance and completed the forecast $136.10/$11 upside profit target expected into Thursday, September 26 (+/-1 day) (today’s session high, $136.29, so far). Our remaining 1/3 long position is being held for higher prices.

3. Our protective stop has been moved to $135.21. This stop will be moved higher as the market continues to confirm.

4. As noted in previous updates, still higher prices are forecast including a test/attempt at $138.15/$20 into July 2014. This is the purpose of our remaining 1/3 long position from $135.11. Will update.

David Williams

Issued: 06/27/2014

September 30 year U.S. Treasury bond:

1. Today’s September 30 year U.S. Treasury bond broke to new recent highs at $137.12.

2. We remain long our final 1/3 position from entry on Friday, June 20 at $135.11.

3. Higher prices remain expected into July 2014, including a test/attempt at $138.15/$20 noted in recent live meetings.

4. Our protective sell stop has been raised to $136.00. The stop will continue to be moved higher as the market continues to confirm.

David Williams

Issued: 06/23/2014

September 30 year U.S. Treasury bond:

1. Our previous update (Thursday, June 19) indicated new long entry upon any touch and daily close above either $134.30 or $134.24 for a tradable multi-day advance to at/near $136.10/$11 into the week of June 23 (this week).

2. Friday’s (June 20) session tested both $134.30 and $134.24 and closed the session above both levels at $135.11, prompting new long entry.

3. Partial long position exit should be taken now at current prices (current price $135.31). Further long position exit should be taken at/near $136.10, noted in the original update.

4. Our protective sell stop has been raised $135.07. This stop will continue to be moved higher as the market continues to confirm.

David Williams