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10-YEAR YIELD TECHS: Downside Pressure Builds....>

US
US: 10-YEAR YIELD TECHS: Downside Pressure Builds
*RES 5: 2.9158/67     200-dma/Dec 13 2018 high
*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: 2.7087/2.7378 50-dma/Feb 5 high
*RES 1: 2.6742        Down trendline res off Jan 18 high
*PRICE: 2.6285        @ 11:11 GMT, Feb 27
*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 are testing the lower end of their contracting range and look to
break below 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. Topside focus turns to
down trendline resistance & 50-dma at 2.6742/2.7087, above here would reignite
momentum targeting a move toward the Feb 21 high at 2.6950.

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