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10-YR YIELD TECHS: 3.014 Resistance Remains......>

US
US: 10-YR YIELD TECHS: 3.014 Resistance Remains Key
*RES 4: 3.084 - High May 21 
*RES 3: 3.050 - Low May 22 
*RES 2: 3.014 - High May 24 
*RES 1: 2.985 - Hourly resistance June 13
*PRICE: 2.968 @ 2130GMT
*SUP 1: 2.966 - Hourly resistance June 13 now support 
*SUP 2: 2.944 - Low June 12 
*SUP 3: 2.921 - Hourly support June 8 
*SUP 4: 2.884 - Low June 7
*COMMENTARY: The 3.014 resistance reconfirmed significance with the yield capped
ahead of this level and looking a little offered. The 2.944 support is key today
with bears needing a close below to ease bullish pressure and return focus to
2.884. Below this level confirms a break of the 55-DMA (2.918) and sees bears
targeting 2.717-759 where Mar & May lows are noted. Bulls still need a close
above 3.014 to confirm a break of the 21-DMA (2.967) and target 2018 highs.

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