10/23/2016 – 30 YR Treasury Bond
- October 23, 2016
- 30 YR Treasury Bond
December 30 year U.S. Treasury bond:
1. Since Monday, October 17 we have noted in our Williams edge live meeting that the December 30 year U.S. Treasury bond was expected to advance from approximately $163.20 up to $165.10/$.15.
2. Subsequently, the December 30 year US treasury Bond advanced and today (Monday, October 24) completed the $165.10/$.15 upside target. This completion took longer than expected but is an important upside completion which can be seen in today’s reversal to the downside. Will message any further entry or indication in the 30 year US December 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.