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10-YEAR YIELD TECHS: Eyes Last Week's Lows.......>

US
US: 10-YEAR YIELD TECHS: Eyes Last Week's Lows
*RES 4: 2.9437 200-dma
*RES 3: 2.9003 50% 3.2594-2.5412
*RES 2: 2.8985 Hourly resistance Dec 14
*RES 1: 2.7946/68 50% of 3.0479-2.5412/Jan 18 high
*PRICE: 2.7103 @ 16:13 GMT, Jan 24
*SUP 1: 2.6991/2.6691 38.2%/50% 2.5412-2.7968
*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
Last week's lows of 2.6579 are now within range as 10y yields fell further
Thursday, as the bullish close on Friday has now been erased. To the upside, a
break above the 50% retracement & Jan 18 high at 2.7946/68 would extend the
medium-term uptrend towards the Dec 14 highs at 2.8985. Below, however, bears
look to retake the 21-dma to shift the outlook negative and open the Jan 14 low
at 2.6579. Below here would open a potential return to the Jan 4 low at 2.5412.

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