09/10/2014 – 30 YR Treasury Bond
- September 10, 2014
- 30 YR Treasury Bond
Issued: 09/09/2014
30 year Dec. U.S. Treasury bond:
1. Continued hourly and especially a daily close above $137.14 in the Dec. 30 year U.S. Treasury bond indicates a tradable multi-day advance and test/attempt of $138.15/$17 (or higher).
2. Will message any new entry based upon the above in tomorrow’s (Wed., Sept.10) session.
David Williams
Issued: 09/10/2014
Dec. 30 year U.S. Treasury bond:
1. Today’s Dec. 30 year U.S. Treasury bond declined below $137.14 noted in yesterday’s (Tues., Sept. 9) report which is the weaker position, especially upon a daily close below that level.
2. A daily close today (Wed., Sept. 10) below $137.14 will indicate further decline and test/attempt at $136.21/$19 (or lower) into Thurs., Sept. 11 (+/-1 day).
3. Aggressive can short bonds at the market (current price $137.08) for the above noted decline. A daily close today below $137.14 keeps the short position intact.
4. Initial short position exit should be taken at/near $137.02. Further exit at/near $136.22. Any final exit will be messaged in a subsequent update.
5. A protective buy stop should be placed at $137.22. This stop will be moved lower as the market continues to confirm.
David Williams
Issued: 09/11/2014
Dec. 30 year U.S. Treasury bond:
1. Our previous (Wed., Sept. 10) report indicated that a daily close below $137.14 was the weaker position and indicated a test/attempt at $136.21/$19 (or lower) into Thurs., Sept. 11 (+/-1 day). This prompted our aggressive short position at/near $137.08.
2. Partial short position exit were taken at/near $137.02 in yesterday’s session, as noted in the report.
3. Our protective buy stop remains at $137.22. This stop will be moved lower as the market continues to confirm.
David Williams
Issued: 09/11/2014
Dec. 30 year U.S. Treasury bond:
1. Today’s Dec. 30 year U.S. Treasury bond triggered our $137.22 protective buy stop, resulting in the relatively small loss on the entire position (short from at/near $137.08, partial profit exit at/near $137.02, protective stop hit at $137.22).
2. Further decline remains possible in spite of today stop out. Will message any further entry or indication as the market confirms.
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.