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10-YEAR YIELD TECHS: September Lows In...........>

US
US: 10-YEAR YIELD TECHS: September Lows In Crosshairs
*RES 4: 3.3010 Channel top from Dec 2016 high
*RES 3: 3.2594 Oct 9 High
*RES 2: 3.1233 50-dma
*RES 1: 3.0974 50% 3.2594-2.9353
*PRICE: 2.9406 @ 16:27 GMT, Dec 4
*SUP 1: 2.9278 Sep 10 low
*SUP 2: 2.8660 Uptrend from March low
*SUP 3: 2.8063 Aug 22 low
*SUP 4: 2.7838 38.2% 2.0144-3.2594
The Monday session saw trendline support off the April low give way, prompting
downside focus to resume and shifting the bearish target to a close below the
200-dma at 2.9568. This shifting the bigger picture outlook negative. The Sep 10
low provides the next support level at 2.9278, ahead of the uptrend off the
March low at 2.8660. Bulls initially need to recover the 3.00 level, before
focusing on the 50% retracement & 50-dma at 3.0974/3.1233.

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