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10-YR YIELD TECHS: 2.926 Resistance Key Today....>

US
US: 10-YR YIELD TECHS: 2.926 Resistance Key Today
*RES 4: 3.014 - Low May 24 now resistance 
*RES 3: 2.974 - 21-DMA 
*RES 2: 2.955 - Low May 24 now resistance 
*RES 1: 2.926 - High June 1
*PRICE: 2.913 @ 0430GMT
*SUP 1: 2.860 - Low June 1 
*SUP 2: 2.821 - Hourly support May 30 
*SUP 3: 2.790 - Hourly support May 30a 
*SUP 4: 2.759 - Low May 29
*COMMENTARY: The break of the 21-WMA (2.864) & the bull channel base off 2017
lows has lacked follow through with the closes above the 100-DMA (2.849) buying
bulls breathing room. The 2.926 resistance is key. Bulls need a close above to
hint at a move back to 2018 highs with above 3.014 needed to add further
support. Bears now need a close below 2.860 to ease pressure on resistance
layers with the yield flirting with the 55-DMA (2.906).

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