![\"10-Year](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-02-21-tnx.png?resize=525%2C355&ssl=1\" "\\"10-Year")
<\/p>\nThe yield on ten-year Treasury Notes is heading for another test of resistance at 3.00 percent after encountering buying pressure above primary support at 2.50. Bearish divergence on 13-week Twiggs Momentum, however, continues to warn of weakness. Breach of 2.50 is unlikely, but would offer a target of 2.00 percent. Breakout above 3.00 would signal an advance to 3.50 percent*.<\/p>\n
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* Target calculation: 3.00 + ( 3.00 – 2.50 ) = 3.50<\/p>\n
The Dollar Index encountered strong support at 80, indicating another test of 81.50 is likely. Breakout would signal a primary advance to 83.00*. Recovery of 13-week Twiggs Momentum above zero would strengthen the signal. Reversal below 79.70 is unlikely, but would warn of a primary down-trend.<\/p>\n
![\"Dollar](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2014\/2014-02-21-dxy.png?resize=525%2C355&ssl=1\" "\\"Dollar")
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* Target calculation: 81.5 + ( 81.5 – 80 ) = 83<\/p>\n","protected":false},"excerpt":{"rendered":"
The yield on ten-year Treasury Notes is heading for another test of resistance at 3.00 percent after encountering buying pressure above primary support at 2.50. Bearish divergence on 13-week Twiggs Momentum, however, continues to warn of weakness. Breach of 2.50 is unlikely, but would offer a target of 2.00 percent. Breakout above 3.00 would signal … <\/p>\n