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10-YEAR YIELD TECHS: Off Cycle Lows *RES 4:......>

US
US: 10-YEAR YIELD TECHS: Off Cycle Lows
*RES 4: 2.6654    50-dma
*RES 3: 2.5782    Mar 15 low
*RES 2: 2.5495    61.8% 2.6321-2.4160
*RES 1: 2.5412/23 Jan 4 low/Mar 21 high
*PRICE: 2.4656    @ 10:26 GMT, Mar 25
*SUP 1: 2.4160    Mar 22 low
*SUP 2: 2.4000    Psychological level
*SUP 3: 2.2887    50% retracement of 1.3180-3.2594
*SUP 4: 2.2712    Oct 13 2017 low
10-Yr yields extend the recovery off Friday's low (2.4160) toward the 2.47
level. To mount an upside reversal markets need to take out the Jan 4 low/March
21 high at 2.5412/23. Above here would allow a run at the March 15 low at
2.5782, ahead of the 50-dma at 2.6654. Downside focus remains on the
psychological 2.40 level, with a break below here needed to extend the downtrend
and open the 50% retracement level at 2.2887.

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