Issued: 09/08/2014
Dec. 30 year U.S. Treasury bond:
1. The recent forecast Sept. 4 (+/-1 day) daily market bottom in the Dec. 30 year U.S. Treasury bond occurred one trading day late on Fri., Sept. 5.
2. A buy limit/new long position is now indicated between $138.11/$08 for continued advance and test/attempt at $138.30 initial upside target (or higher).
3. Once long, a protective sell stop should be placed at $138.04. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 09/08/2014
Dec. 30 year U.S. Treasury bond:
1. Our previous update indicated new long entry in the Dec. 30 year U.S. Treasury bond between $138.11/$08.
2. Our protective sell stop at was hit at $138.04, resulting in a small loss on the entire position. Will message any further entry if the market confirms.
David Williams