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10-YEAR YIELD TECHS: Back In The Range *RES 4:...>

US
US: 10-YEAR YIELD TECHS: Back In The Range
*RES 4: 2.9378 200-dma
*RES 3: 2.9003/2.9167 50% 3.2594-2.5412/Dec 13 2018 high
*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412
*RES 1: 2.7378 Feb 5 high
*PRICE: 2.6893 @ 16:08 GMT, Feb 6
*SUP 1: 2.6388/6168 61.8% 2.5412-2.7968/Jan 31 low
*SUP 2: 2.5412 Jan 4 YTD low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4900 61.8% 2.0144-3.2594
Having topped out at 2.7378 Tuesday, 10y yields witnessed a sharp retracement
back through 2.70. Bears need to overcome the Jan 31 low at 2.6168, before
targeting the Jan 4 ytd low at 2.5412. Yield bulls focus returns to the Jan 18
high at 2.7968, above here opens a run at the 50% retracement level at 2.9003,
ahead of the 200-dma at 2.9378.

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