Issued: 10/29/2015
December 30 year U.S. Treasury bond:
1. Continued hourly and especially a daily close below $157.00 in the December 30 year U.S. Treasury bond will indicate a continued decline and test/attempt at $156.02 (or lower) into Friday, October 30 (+1 trading day).
2. Once short based upon the above conditions, a protective buy stop should be placed initially at $157.10. This stop will be lowered as the market continues to confirm. Will update.
David Williams
Issued: 10/29/2015
December 30 year U.S. Treasury bond:
1. Today’s (Thursday, October 29) earlier report indicated that any hourly and especially a daily close below $157.00 in the December 30 year U.S. Treasury bond would indicate a continued decline and test/attempt at $156.02 (or lower) into Friday, October 30 (+1 trading day).
2. Shortly thereafter, the December bond market closed the 30 minute chart below $157.00 for potential aggressive short entry. The market continued to decline and has now completed the $156.02 downside profit target (today’s session low, $156.02, so far). This completes the forecast/trade. Will message any further entry or indication in the December 30 year U.S. Treasury bonds.
David Williams