07/25/2014 – 30 YR Treasury Bond

Issued: 07/24/2014

September 30 year U.S. Treasury bond:

1. Today’s 30 year treasury bond continues to react off the recent completion of our longer-term $138.20 upside target.

2. Bonds are likely to continue down to $137.15 (or lower) into Friday July 25 (+/-1 day).

3. Therefore, bonds can be shorted at current prices (current price $137.26) for the above decline.

4. Partial short position exit should be taken at/near $137.15, the remainder held for price targets on the downside to be message a subsequent update.

5. A protective sell stop should be placed at $138.12. This stop will be moved lower as the market continues to confirm.

David Williams

Issued: 07/24/2014

September 30 year U.S. Treasury bond:

1. As noted in today’s September 30 year U.S. Treasury bond update, the bond market would normally bottom on Friday, July 25 (+/-1 day) and test/attempt $137.15 (or lower) in the process.

2. Today’s (Thursday, July 24) session declined to a session low of $137.21 before closing the day at $137.28.

3. As you may know, a market in a strong uptrend will often not touch its normal downside price target ($137.15 in this case) due to the ongoing bullish forces. There is a possibility that this may be the case in the larger current bond market advance.

4. Therefore, due to the nearby price target of $137.15 and prudence, all but aggressive traders should exit their short position from $137.26 at current prices ($137.31). Aggressive can follow through with the trade as originally outlined.

David Williams

Issued: 07/25/2014

September 30 year U.S. Treasury bond:

1. Yesterdays (Thursday, July 24) September 30 year U.S. Treasury bond report indicated the likelihood that yesterdays low ($137.21) would mark the bottom in the current ongoing treasury bond rally. This prompted the exit of our earlier short position and resulted in a small (5/6 tick) loss.

2. Today’s September 30 year U.S. Treasury bond market advanced powerfully, further confirming the report. Will message any further entry or indication as the market confirms.

David Williams