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10-YEAR YIELD TECHS: Trendline Support in View...>

US
US: 10-YEAR YIELD TECHS: Trendline Support in View
*RES 4: 2.7658      Mar 1 high
*RES 3: 2.7459/77   Dec 20-Dec 19 lows, now resistance
*RES 2: 2.7187/7236 Mar 6 high/61.8% 2.7968-2.6051
*RES 1: 2.6908/16   50-dma/Mar 7 high
*PRICE: 2.6465      @ 10:35 GMT, Mar 11
*SUP 1: 2.6274      Up trendline support off Jul 6 2016 low
*SUP 2: 2.6051      Mar 8 low
*SUP 3: 2.5412      Jan 4 ytd low
*SUP 4: 2.5007      Dec 21 2017 high
10-year yields managed to remain clear of the 2.60 level & trendline support on
Friday. A downside break of the Mar 8 low would re-ignite momentum and bring the
key Jan 4 ytd low back into view at 2.5412. Consolidation above the 50-dma & Mar
7 high is needed to return topside focus on the March 6 high & 61.8% retracement
level at 2.7187/7236.

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