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10-YEAR YIELD TECHS: Eyes Bearish Weekly Close...>

US
US: 10-YEAR YIELD TECHS: Eyes Bearish Weekly Close
*RES 4: 3.4508 Apr 18 2011 high
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top from Dec 2016 high
*RES 1: 3.2594 Oct 9 High
*PRICE: 3.1893 @ 16:15 GMT, Nov 9
*SUP 1: 3.0482 Low Oct 3
*SUP 2: 3.0139 Aug 1 high, now support
*SUP 3: 2.9376 200-dma
*SUP 4: 2.8098 Low Aug 24
10-year yields failed to hold 3.20 at the close, coming under further pressure
ahead of the close to finish the week on a negative note. At writing, prices
remain marginally above the Wednesday lows but a fall below here (3.1746) would
open deeper declines back toward 3.0482. To the upside, a close the Thursday
3.2485 highs opens channel top resistance at 3.30, ahead of a return to 2011
levels.

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