10-YEAR YIELD TECHS: Death Cross *RES 4:.........>

US: 10-YEAR YIELD TECHS: Death Cross

*RES 4: 2.9003 50% 3.2594-2.5412

*RES 3: 2.8985 Hourly resistance Dec 14

*RES 2: 2.7946 50% of 3.0479-2.5412

*RES 1: 2.7458/7620 Jan 9 high/21-dma

*PRICE: 2.6970 @ 16:13 GMT, Jan14

*SUP 1: 2.6435 50% 2.5412-2.7458

*SUP 2: 2.5412 Jan 4 low

*SUP 3: 2.5206 Jan 16 2018 low

*SUP 4: 2.4900 61.8% 2.0144-3.2594

The broader bearish trend in US 10-year yields remains intact below the 21-dma,

with weight added to the argument as 50-dma edged below the 200-dma. The 50%

retracement level at 2.6435 remains the downside target, ahead of a potential

return to the Jan 4 low at 2.5412. Bulls need to clear the 21-dma at 2.7569 to

open a run at the key 2.80 area which holds resistance from the 50% fibo level

of 3.0479-2.5412.