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10-YR YIELD TECHS: Bears Dominate While 2.925....>

US
US: 10-YR YIELD TECHS: Bears Dominate While 2.925 Caps
*RES 4: 2.937 - Bollinger band top 
*RES 3: 2.925 - High Feb 27 
*RES 2: 2.892 - Hourly resistance Mar 12 
*RES 1: 2.883 - High Mar 13
*PRICE: 2.833 @ 0320GMT
*SUP 1: 2.830 - Low Mar 13 
*SUP 2: 2.815 - Bollinger band base 
*SUP 3: 2.810 - Low Mar 5 
*SUP 4: 2.793 - Low Mar 2
*COMMENTARY: The yield is looking a little heavy with the recovery from 2.793
likely to have come to an end. Bulls now need a close above 2.925 to regain the
upper hand and above 2.957 to return focus to 3.041 2014 highs. In saying that,
the 2.758 support remains key. Bears need a close below this level to end
bullish hopes and shift initial focus back to 2.696-716 where the 55-DMA is
noted. Overall focus shifts to 2.609-648.

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