10-YEAR YIELD TECHS: Momentum Builds *RES 4:.....>

US: 10-YEAR YIELD TECHS: Momentum Builds

*RES 4: 3.0991 50-dma

*RES 3: 3.0414 50% 3.2594-2.8234

*RES 2: 3.0180 100-dma

*RES 1: 2.9560 200-dma

*PRICE: 2.8880 @ 10:45 GMT, Dec 11

*SUP 1: 2.8234 Dec 10 low

*SUP 2: 2.8063 Aug 22 low, top bottom target

*SUP 3: 2.7838 38.2% 2.0144-3.2594

*SUP 4: 2.7594 Low May 30

The 10y based ahead of 2.8230 and has now formed a double bottom pattern. The

recovery extended back above 2.88 with bulls looking to clear the 200-dma to

change the short-term outlook. A break back above 3.00 opens the 100-dma at

3.0180, ahead of the 50% retracement & 50-dma at 3.0414/3.0991. A downside break

of 2.8230 opens a deeper correction toward the Aug 22 low at 2.8063. Below here

would trigger a large topping pattern, shifting the outlook further negative.