10-YEAR YIELD TECHS: Breached Long-term Up.......>

US: 10-YEAR YIELD TECHS: Breached Long-term Up Trendline

*RES 4: 3.0027/0115 50% 3.2594-2.7459/100-dma

*RES 3: 2.9552      200-dma

*RES 2: 2.8985      Hourly resistance Dec 14

*RES 1: 2.8613/8969 38.2%/50% of Dec range 3.0479-2.7459

*PRICE: 2.7601      @ 10:53 GMT, Dec 20

*SUP 1: 2.7459      Intraday low

*SUP 2: 2.7153      April 2 low

*SUP 3: 2.6459      Feb 6 low

*SUP 4: 2.6369      50% 2.0144-3.2594

US 10-Year yields breached long-term up trendline support to 2.7459, its lowest

level since April. Recovery efforts have so far remained shallow to keep the

downside in focus. Bears target a break of the Apr 2 low at 2.7153, a break

opens the Feb 6 low & 50% retracement at 2.6459/2.6369. Bulls need to recover

the 50% retracement level of Dec range to improve the short-term outlook. A

break of the 200-dma would reignite the uptrend opening a run at 3.00.