08/02/2017 – 30 YR Treasury Bond
September 30 year U.S. Treasury bond:
1. In Fridays (July 20) Williams edge live meeting (and later meetings) it was noted that continued daily closes above $152.09 in the September 30 year U.S. Treasury bond would make $152.09 (or higher) buying territory for a forecast advance to $154.00, expected to be reached on Tuesday, August 1 (+/-1 day).
2. Subsequently, on August 1 the September 30 year U.S. Treasury bond retested the $152.09 critical buying territory (causing some havoc with our existing long position which was later replaced successfully) and afterwards quickly advanced to complete the $154.00 upside target (August 1 swing high, $154.03). This successfully completes the forecast/trade. Will message any further entry or indication in the September 30 year U.S. Treasury bond market.
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.