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10-YEAR YIELD TECHS: No Recovery Yet *RES 4:.....>

US: 10-YEAR YIELD TECHS: No Recovery Yet
*RES 4: 3.6132 High April 2011
*RES 3: 3.3956 Apr 5 2011 low, now resistance
*RES 2: 3.3000 Channel top
*RES 1: 3.2594 High Oct 9
*PRICE: 3.1520 @ 16:33 GMT, Oct 16
*SUP 1: 3.1261 May 18 high, now support
*SUP 2: 3.1021 21-dma
*SUP 3: 3.0139 Aug 1 high, now support
*SUP 4: 2.9794 61.8% 2.8063-3.2594
Having based ahead of 3.1500, renewed momentum is starting to build to keep the
broader bullish outlook intact. Bulls continue to target the Oct 9 high at
3.2598, above which would extend the uptrend towards the channel top at 3.30.
Bears need a break of short-term up trendline support at 3.1309, below here
opens a move toward the 3.05 level, ahead of the Aug 1 high at 3.0139.

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