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10-YR YIELD TECHS: 21-DMA-2.522 Support Key......>

US
US: 10-YR YIELD TECHS: 21-DMA-2.522 Support Key
*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: 2.550 @ 0530GMT
*SUP 1: 2.522 - Low Jan 16 
*SUP 2: 2.504 - High Dec 21 now support 
*SUP 3: 2.475 - 21-DMA 
*SUP 4: 2.462 - Low Jan 8
*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 look for a close below 2.522 to ease bullish
pressure and below the 21-DMA now to hint at a correction back to 2.403-2.444
where the 55-DMA and bull channel base off Sept lows are noted. Bulls now need a
close above 2.566 to gain breathing room.

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