Ten-year notes may move higher (interest may move down again). A clear trend line is acting as resistance. Breakout will project the Notes higher. Target on the median line and next major resistance 126'26'0 - mid/end Feb 2014
10Y into massive cluster support floor near 125 with noteworthy positive momentum divergence; but failed backtest of broken 6-year rising trend line in July weighs heavily....
The 10-Year T-Note is showing an interesting pattern. Currently trading close to the 20MA and just below the downward 1/1 Gann line, seems ready for a change of trend and move up soon. The profit area is at the next resistance and significant intersection of Gann lines.
