10/29/2015 – 30 YR Treasury Bond
- October 29, 2015
- 30 YR Treasury Bond
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
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.