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10-YEAR YIELD TECHS: Inside Session *RES 3:......>

US
US: 10-YEAR YIELD TECHS: Inside Session
*RES 3: 3.0416 50% 3.2594-2.8237
*RES 2: 3.0182 100-dma
*RES 1: 2.9565 200-dma
*PRICE: 2.8827 @ 16:20 GMT, Dec 7
*SUP 1: 2.8237 Dec 6 low
*SUP 2: 2.8063 Aug 22 low, top bottom target
*SUP 3: 2.7838 38.2% 2.0144-3.2594
Yields broke below uptrend support from the April low at 2.8660 Thursday to
touch extended pullback lows of 2.8237 before fading. Despite this, the bearish
trend remains intact with next downside focus on the Aug 22 low at 2.8063, which
coincides with the measured move from the double top formation. Bulls initially
need to recover the 200-dma at 2.9565 before targeting a break back above 3.00.
The 100-dma is placed behind at 3.0182, ahead of the 50% retracement & 50-dma at
3.0416/3.1070.

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