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10-YR YIELD TECHS: 2.504-526 Support Key Today...>

US
US: 10-YR YIELD TECHS: 2.504-526 Support Key Today
*RES 4: 2.641 - 2016 High Dec 15 
*RES 3: 2.629 - 2017 High Mar 13 
*RES 2: 2.597 - 2018 High Jan 10 
*RES 1: 2.566 - Hourly resistance Jan 12
*PRICE: 2.552 @ 0310GMT
*SUP 1: 2.526 - Low Jan 11 
*SUP 2: 2.504 - High Dec 21 now support 
*SUP 3: 2.462 - Low Jan 8 
*SUP 4: 2.457 - 21-DMA
*COMMENTARY: Not only was topside follow though lacking last week but a double
daily top has been left in place 2.594-597 with bearish closes leaving the yield
looking a little heavy. Bears now look for a close below 2.526 to ease bullish
pressure and below 2.504 to hint at a correction back to 2.401-2.457 where the
21 & 55-DMAs and bull channel base off Sept lows are noted. While 2.504 supports
bulls focus on 2.629-2.692.

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