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10-YEAR YIELD TECHS: Poised For Another Test.....>

US
US: 10-YEAR YIELD TECHS: Poised For Another Test Of 2.90
*RES 4: 3.1261 High May 18
*RES 3: 3.0139 High Aug 1
*RES 2: 2.9640 Triangle top from May high
*RES 1: 2.9228 Aug 6 Low, Support-Turned-Resistance
*PRICE: 2.8840 @ 10:47 GMT
*SUP 1: 2.8608 50.0% 2.8063-2.9189
*SUP 2: 2.8296 Aug 31 low
*SUP 3: 2.8154 Triangle bottom from April low
*SUP 4: 2.8053 Jul 6 Low
After a brief push through 2.9000 on Wednesday and Thursday, the 10-Yr yield has
for now rejected resistance in that area though has bounced somewhat in the
European early Friday session and looks poised for a retest. Key to watch there
are both 100-DMA at 2.9195 and the 2.9228 Aug 6 low. On the downside, the 10-Yr
continues to flirt with support at 50-DMA at 2.8860, while the medium-term
bearish thesis needs a decisive break of support the triangle bottom at 2.8154.

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