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10-YR YIELD TECHS: 3.030-050 Resistance Key......>

US
US: 10-YR YIELD TECHS: 3.030-050 Resistance Key Today
*RES 4: 3.084 - High May 21 
*RES 3: 3.050 - Low May 22 
*RES 2: 3.030 - Hourly resistance May 23 
*RES 1: 3.002 - 21-DMA
*PRICE: 2.992 @ 0330GMT
*SUP 1: 2.937 - Low May 7 
*SUP 2: 2.904 - Low Apr 20 
*SUP 3: 2.876 - High Apr 18 now support 
*SUP 4: 2.832 - 100-DMA
*COMMENTARY: Bears take comfort in closes below the 21-DMA confirming a shift in
focus to 2.876-937 where the 55-DMA (2.907) is located. Correcting O/B studies
add weight to the bearish case. Bulls need a close above 3.050 to gain breathing
room and above 3.128 2018 highs to reconfirm the bullish bias and focus on
3.184-3.254 where channel tops and July 2011 monthly high are situated.

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