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10-YEAR YIELD TECHS: Attention Turning Higher....>

US
US: 10-YEAR YIELD TECHS: Attention Turning Higher
*RES 4: 3.0955 50-dma
*RES 3: 3.0414 50% 3.2594-2.8234
*RES 2: 3.0184 100-dma
*RES 1: 2.9561 200-dma
*PRICE: 2.9005 @ 16:28 GMT, Dec 12
*SUP 1: 2.8234 Dec 10 low
*SUP 2: 2.8063 Aug 22 low, top bottom target
*SUP 3: 2.7838 38.2% 2.0144-3.2594
*SUP 4: 2.7594 Low May 30
The US 10y continues to build on recent momentum and managed to eke out gains
above 2.90 on Wednesday. Bulls look to clear the 200-dma at 2.9561 in order to
improve the outlook, targeting a run at the 3.0 level and 100-dma at 3.0180. A
downside break of 2.8230 opens a deeper correction toward the Aug 22 low at
2.8063. Below here triggers a large topping pattern, shifting the bigger picture
outlook deeper into negative territory.

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