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10-YEAR YIELD TECHS: Bears Target Feb 20 Low.....>

US
US: 10-YEAR YIELD TECHS: Bears Target Feb 20 Low
*RES 4: 2.9003/54     50% 3.2594-2.5412/100-dma
*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412
*RES 2: 2.7149/2.7378 50-dma/Feb 5 high
*RES 1: 2.6860        Down trendline res off Jan 23 high
*PRICE: 2.6626        @ 10:42 GMT, Feb 26
*SUP 1: 2.6168        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
10-year yields have moved toward the base of their contracting range with
downside focus on a break of the Feb 20 low at 2.6250 to open the Jan 31 low at
2.6168. Below here would suggest a run at the Jan 4 ytd low at 2.5412. To
reignite upside momentum the 10-Yr needs to clear the Feb 21 high at 2.6950 to
post a higher high and open the Feb 13 high & 50-dma at 2.7129/40. Above here
would bring the Jan 18 high at 2.7968 back into play.

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