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10-YEAR YIELD TECHS: Edges Higher *RES 4:........>

US
US: 10-YEAR YIELD TECHS: Edges Higher
*RES 4: 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 2: 2.7200/2.7378 50-dma/Feb 5 high
*RES 1: 2.6860 Down trendline res off Jan 23 high
*PRICE: 2.6770 @ 16:01 GMT, Feb 25
*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 remain caught in an a contracting range with bulls looking, and
failing so far, to break down trendline resistance & the Feb 21 high at
2.6860/6950 to post a higher high and open the 50-dma at 2.7200. Above here
would bring the Jan 18 high at 2.7968 into play. Downside focus remains on the
Feb 20 low at 2.6250, a break of which would open the Jan 31 low at 2.6168,
ahead of the Jan 4 ytd low at 2.5412.

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