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10-YR YIELD TECHS: 3.084 Resistance Remains......>

US
US: 10-YR YIELD TECHS: 3.084 Resistance Remains Key
*RES 4: 3.184 - High July 8 2011 
*RES 3: 3.145 - Daily Bull channel top 
*RES 2: 3.128 - 2018 High May 18 
*RES 1: 3.084 - High May 21
*PRICE: 3.052 @ 0430GMT
*SUP 1: 3.035 - High Apr 25 now support 
*SUP 2: 3.011 - Hourly support May 15 
*SUP 3: 3.006 - 21-DMA 
*SUP 4: 2.937 - Low May 7
*COMMENTARY: The yield remains offered having sold-off Friday from around the
daily bull channel top. Bears focus on the 21-DMA with a close below needed to
confirm a break of 3.011 and shift focus back to 2.876-937 where the 55-DMA
(2.904) is located. Bulls need a close above 3.084 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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