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

US: 10-YR YIELD TECHS: 2.504 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: 2.570 - High Jan 11
*PRICE: 2.544 @ 0530GMT
*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: The lack of topside follow through on fresh 10mth highs is a
concern for bulls who are currently focused on 2.629-692 where yearly and
monthly highs are situated. Daily studies approaching O/B is less than ideal.
Bears continue to look for a close below 2.504 to gain breathing room and hint
at a correction back to 2.401-2.457 where the 21 & 55-DMAs and bull channel base
off Sept lows are noted.

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