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10-YEAR YIELD TECHS: Breaks 50-dma Support.......>

US
US: 10-YEAR YIELD TECHS: Breaks 50-dma Support
*RES 4: 2.7968/2.8156 Jan 18 high/38.2% 3.2594-2.5412
*RES 3: 2.7658        Mar 1 high
*RES 2: 2.7459/77     Dec 20-Dec 19 lows, now resistance
*RES 1: 2.7111/7280   Dec 28 low, now resistance/61.8% 2.7968-2.6168
*PRICE: 2.6825        @ 11:02 GMT, Mar 7
*SUP 1: 2.6573/20     Feb 28 low/76.4% 2.6168-2.7658
*SUP 2: 2.6267/16     Feb 27 low/Up trendline support off Jul 6 2016 low
*SUP 3: 2.6168        Jan 31 low
*SUP 4: 2.5412        Jan 4 YTD low
10-year yields extended the corrective pullback below the Feb 27 high & 50-dma
yesterday. This brings the Feb 28 low & 76.4% retracement into view at
2.6573/20, ahead of up trendline support off the Jul 6 2016 low at 2.6216. A
topside break of the 50-dma at 2.6971 is needed to stabilise the outlook, before
challenging the Dec 28 low & 61.8% retracement level at 2.7111/7280.

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