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10-YR YIELD TECHS: 2.229 Resistance Key Today....>

US
US: 10-YR YIELD TECHS: 2.229 Resistance Key Today
*RES 4: 2.289 - High Aug 4 & 8
*RES 3: 2.264 - Hourly support Aug 16 now resistance 
*RES 2: 2.250 - Alternating hourly support/resistance 
*RES 1: 2.229 - Hourly resistance Aug 17
*PRICE: 2.215 @ 0140GMT
*SUP 1: 2.192 - Hourly support Aug 21 
*SUP 2: 2.177 - Low Aug 21 
*SUP 3: 2.164 - Low Aug 18 
*SUP 4: 2.121 - Low June 26
*COMMENTARY: Modestly O/S daily studies are correcting & combined with the
Bollinger base (2.167) are key concerns for bears who are focused on tests of
2017 lows. Bulls continue to look for a close above 2.229 to ease bearish
pressure and above 2.264 to shift initial focus back to 2.289. While 2.229 caps
bears retain the advantage with below 2.164 needed to add weight to their case.
Fresh 2017 lows target 2.053-121 where 2017 lows and the 100-WMA are situated.

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