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10-YEAR YIELD TECHS: Holding Above 2.70 *RES.....>

US
US: 10-YEAR YIELD TECHS: Holding Above 2.70
*RES 4: 2.9391        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: 2.7342        Intraday high
*PRICE: 2.7306        @ 10:50 GMT, Feb 5
*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
Having based ahead of 2.70, 10y yields improved to 2.7342 and hold firm. Bulls
focus returns to the Jan 18 high at 2.7968, above here opens a run at the 50%
retracement level at 2.9003, ahead of the 200-dma at 2.9391. Bears need to
overcome the Jan 31 low at 2.6168, before targeting the Jan 4 ytd low at 2.5412.
Below here would open the Jan 16 low at 2.5206.

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