11/23/2015 – 30 YR Treasury Bond
December 30 year U.S. Treasury bond:
1. In yesterday’s (Monday, November 23) Williams edge live meeting it was noted that any hourly close above $155.00 in December bonds would prompt new long entry for a test/attempt at $156.00.
2. Subsequently, the hourly closed above $155.00 ($155.05) prompting new long entry. Today’s (Tuesday, November 24) session continued the advance and attempted the $156.00 upside target (today’s session high $154.24, so far). The market reversed powerfully off that level, effectively completing the trade. Will message any further entry or indication in the December 30 year U.S. Treasury bond.
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.