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10-YEAR YIELD TECHS: Fifth Session of Lower......>

US
US: 10-YEAR YIELD TECHS: Fifth Session of Lower Lows
*RES 3: 2.8985 Hourly resistance Dec 14
*RES 2: 2.7825/8332 38.2%/50% of 3.0479-2.6185
*RES 1: 2.7153 Apr 2 low, now resistance
*PRICE: 2.5798 @ 16:26 GMT, Jan 3
*SUP 1: 2.5605 Intraday Low
*SUP 3: 2.5206 Jan16 2018 Low
*SUP 4: 2.4900 61.8% 2.0144-3.2594
US 10-year yields accelerated losses on the way through 2.60% and look on track
to mark the first close below that mark for a year. This opens the a slip toward
the Jan16 2018 low at 2.5206, ahead of the 61.8% retracement at 2.4900. Bulls
need to recover the 38.2% retracement level at 2.7825 to improve the short-term
outlook. A break of the 200-dma at 2.9498 would reignite the uptrend opening a
run at the 100-dma.

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