Issued: 08/17/2014
September 30 year U.S. Treasury bond:
1. September US 30 year treasury bond is nearing a critical juncture on the upside.
2. Any touch and hourly or daily close below $141.00/$07 indicates new short entry for a test/attempt at $140.18 initial downside target. A secondary downside target will be messaged once the market confirms as noted above.
3. A protective buy stop should be placed at $141.17. This stop will be moved lower as the market continues to confirm. Will update.
David Williams
Issued: 08/18/2014
September 30 year U.S. Treasury bond:
1. Yesterday’s (Sunday, Aug. 17) September 30 year U.S. Treasury bond report indicated $141.00/$07 as selling territory/new short position for initial decline to $140.18.
2. Subsequently, the Globex session advanced to $140.30 on the upside (2 ticks below $141.00) before reversing and making its initial test/attempt at the $140.18 downside target (today’s session low, $140.19, so far).
3. Aggressive shorts (those entering slightly below $141.00) took initial short position exit at/near $140.18, as noted.
4. Our protective buy stop has been moved down to $141.09. The stop will continue to be moved lower as the market continues to confirm.
David Williams
Issued: 08/18/2014
September 30 year U.S. Treasury bond:
1. Today’s September 30 year U.S. Treasury bond continues on the expected decline off the $141.00/$07 selling territory noted in Sunday’s (Aug. 18) report (today’s session low, $140.10, so far).
2. Further short position exit should be taken at/near $140.08. Any remaining short position should be exited at/near $140.02.
3. Our protective buy stop has been lowered to $140.28. This stop will continue to be moved lower as the market continues to confirm.
David Williams
Issued: 08/18/2014
September 30 year U.S. Treasury bond:
1. Today’s September 30 year U.S. Treasury bond continued on the forecast decline and completed the $1402 final downside profit target noted in today’s Williams edge live meeting (today’s session low, $1401, so far).This completes the trade noted in the Sunday, Aug. 17 report. Will message any further entry or indication.