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10-YR YIELD TECHS: 2.228-229 Support Key *RES....>

US
US: 10-YR YIELD TECHS: 2.228-229 Support Key
*RES 4: 2.366 - High July 13
*RES 3: 2.357 - Daily Bear channel top
*RES 2: 2.337 - Hourly resistance July 14
*RES 1: 2.285 - Low July 28
*PRICE: 2.287 @ 0140GMT
*SUP 1: 2.250 - 55-DMA 
*SUP 2: 2.241 - Hourly support July 24 
*SUP 3: 2.229 - Low July 21, Low July 24 
*SUP 4: 2.228 - 200-WMA
*COMMENTARY: The rejection around 2.337 last week leaves the yield looking heavy
and immediate focus on 2.228-229 where the 200-WMA is situated. Bears now look
for a close below the 200-WMA to confirm focus back on the 2.103 2017 low and
below 2.103 to target1.879. Layers of resistance are accumulating with bulls
needing a close above 2.337 to see pressure back on 2.357-396 where the bear
channel top and July highs are located.

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