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10-YEAR YIELD TECHS: Downtrend Yield.............>

US
US: 10-YEAR YIELD TECHS: Downtrend Yield Resistance
*RES 4: 2.9285 200-dma
*RES 3: 2.9003/2.9167 50% 3.2594-2.5412/Dec 13 2018 high
*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412
*RES 1: 2.7378 Feb 5 high
*PRICE: 2.6831 @ 11:08 GMT, Feb 14
*SUP 1: 2.6388/6168 61.8% 2.5412-2.7968/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
The down trendline has provided yield resistance to the topside, with yields
trading above it today and yesterday but failing to close above yesterday. The
trendline currently comes in at 2.7003 and a rise in yields above here would
open a move to the Feb 5 yield high at 2.7378, ahead of the Jan 18 high & 38.2%
retracement level at 2.7968/2.8156. Downside focus remains on the Jan 31 yield
low at 2.6168, below here opens the Jan 4 ytd low at 2.5412.

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