Issued: 06/29/2015
September 30 year U.S. Treasury bond:
1. Today’s September 30 year U.S. Treasury bond market broke out on the upside and hit our recent $149.10 protective buy stop noted in our previous update. Although the position had nearly a full point in its favor, today’s reversal resulted in a loss on the trade. Will message any further entry or indication in the September 30 year U.S. Treasury bond.
David Williams
Issued: 06/26/2015
September 30 year U.S. Treasury bond:
1. Today’s September 30 year U.S. Treasury bond market broke below the critical $148.25 level noted in our previous Williams edge live meeting. This is a weaker position especially upon a daily close below that level, which is expected.
2. Aggressive can short the September 30 year U.S. Treasury bond at the market (current price, $148.03). Partial short position exit should be taken at/near $147.23. The remaining position should be held for lower prices to be messaged in a subsequent update.
3. A protective buy stop should be placed at $149.10. This stop will be moved lower as the market continues to confirm.
David Williams