06/29/2015 – 30 YR Treasury Bond
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
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.