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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: 2.337 - Hourly resistance July 14
*RES 3: 2.321 - High Aug 1
*RES 2: 2.285 - Hourly support July 31 now resistance
*RES 1: 2.273 - Low July 31 now resistance
*PRICE: 2.267 @ 0150GMT
*SUP 1: 2.251 - Low Aug 1 
*SUP 2: 2.247 - 55-DMA 
*SUP 3: 2.241 - Hourly support July 24 
*SUP 4: 2.229 - Low July 21, Low July 24
*COMMENTARY: The pop above the 21-DMA (2.306) was rejected ahead of 2.337
resulting in pressure back on the 55-DMA and a bearish close. Layers of support
2.228-2.247 are now key. Bears need a close below the 200-WMA (2.228) to shift
immediate focus to tests of 2017 lows. Resistance layers are building with a
close above 2.285 needed to gain breathing room and above 2.337 to see pressure
back on 2.351-396 where the bear channel top and July highs are located.

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