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10-YEAR YIELD TECHS: Above 3.10 *RES 4: 3.2400...>

US
US: 10-YEAR YIELD TECHS: Above 3.10
*RES 4: 3.2400 Channel top
*RES 3: 3.2206 July 2011
*RES 2: 3.1261 May 18 high
*RES 1: 3.1076 Intraday high
*PRICE: 3.1039 @09:45 GMT, Sep 25
*SUP 1: 2.9570 50% 2.8063-3.1076
*SUP 2: 2.9465 Triangle top from May high
*SUP 3: 2.9275 100-DMA
*SUP 4: 2.8694 Sep 7 low
Having breached the Sep 20 peak, confirmation above 3.10 has seen bulls focus
turn toward the May 18 high at 3.1261 for resumption of the uptrend. Above here
brings 2011 levels into play and the May 18 high at 3.2206 ahead of channel top
resistance at 3.2400. Bears initially need to clear the 3.00 area, a break below
the triangle top from the May high at 2.9465 & 100-dma at 2.9259 shifts the
short-term outlook back to neutral.

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