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10-YEAR YIELD TECHS: Reignites The Uptrend.......>

US
US: 10-YEAR YIELD TECHS: Reignites The Uptrend
*RES 5: 2.9468 200-dma
*RES 4: 2.9003 50% 3.2594-2.5412
*RES 3: 2.8985 Hourly resistance Dec 14
*RES 2: 2.7946 50% of 3.0479-2.5412
*RES 1: 2.7700 21-dma
*PRICE: 2.7350 @ 10:27 GMT, Jan 9
*SUP 1: 2.6408 50% 2.5412-2.7404
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4900 61.8% 2.0144-3.2594
The recovery in US 10-year yields has so far been capped ahead of the 21-dma at
2.7700 which keeps the bigger picture bearish trend intact. A break of the 50%
retracement level at 2.6408 is needed to retest the Jan 4 low a 2.5412. Bulls
need to clear the 21-dma to reignite upside momentum, opening a run at the key
2.80 area.

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