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10-YEAR YIELD TECHS: Challenging Key 3.00%.......>

US
US: 10-YEAR YIELD TECHS: Challenging Key 3.00% Level
*RES 4: 3.1261 May 18 high
*RES 3: 3.0334 Apr 25 high
*RES 2: 3.0232 Trend-line resistance
*RES 1: 3.0199 Sep 17 high
*PRICE: 2.9922 @09:45 GMT, 18 Sep
*SUP 1: 2.9465 Triangle top from May high
*SUP 2: 2.9184 100-DMA
*SUP 3: 2.9131 50.0% 2.8063-3.0199
*SUP 4: 2.8694 Sep 7 low
After failing to close above 3.0% yesterday, this level is under attack again as
bulls look to extend the rally in 10-year US Tsy yields and overcome trend-line
resistance at 3.0232. Above here opens the May 18 peak at 3.1261, ahead of the
July 2011 high at 3.2206. Bears need to break back below the triangle top from
the May high at 2.9465 & 100-dma in order to shift the outlook back to neutral.

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