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10-YR YIELD TECHS: 55-DMA Confirms...............>

US
US: 10-YR YIELD TECHS: 55-DMA Confirms Significance
*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: 2.969 @ 0430GMT
*SUP 1: 2.949 - Hourly resistance July 25 now support 
*SUP 2: 2.923 - 55-DMA 
*SUP 3: 2.902 - Hourly resistance July 23 now support 
*SUP 4: 2.880 - Hourly support July 20
*COMMENTARY: The 55-DMA confirmed significance with an aggressive bounce from
ahead of this level Wednesday reconfirming bullish focus on 3.014-084. Bulls
need a close above 3.084 to confirm initial focus on 3.128-223 where 2018 highs
are noted. Bears still need a close below the 55-DMA to gain breathing room and
below 2.880 to shift initial focus back to 2.807.

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