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10-YR YIELD TECHS: 2.278 Support Key *RES 4:.....>

US
US: 10-YR YIELD TECHS: 2.278 Support Key
*RES 4: 2.423 - Monthly High Aug May 11 
*RES 3: 2.402 - High Oct 6 
*RES 2: 2.372 - Hourly resistance Oct 6 
*RES 1: 2.355 - Hourly resistance Oct 11
*PRICE: 2.345 @ 0430GMT
*SUP 1: 2.332 - Alternating hourly support/resistance 
*SUP 2: 2.296 - Low Oct 17 
*SUP 3: 2.278 - Low Oct 16 
*SUP 4: 2.245 - High Sept 26 now support
*COMMENTARY: The yield suffered a setback following the failure to gain traction
above 21 (2.312) & 200 (2.313) DMAs but failure to take out the 2.278 support
has seen bulls return pressure to resistance layers. While 2.278 supports bulls
retain the upper hand and focus on layers of resistance 2.372-437. Above 2.437
remains needed to shift initial focus to 2.544-558. Bears need a close below
2.278 to shift focus back to 2.208-245 where 55 & 100-DMAs are noted.

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