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10-YR YIELD TECHS: Bears Focused On 2.585-645....>

US
US: 10-YR YIELD TECHS: Bears Focused On 2.585-645
*RES 4: 2.936 - High Feb 21 
*RES 3: 2.859 - High Mar 27 
*RES 2: 2.815 - Low Mar 26 
*RES 1: 2.793 - 55-DMA
*PRICE: 2.777 @ 0340GMT
*SUP 1: 2.739 - Low Mar 29 
*SUP 2: 2.648 - Monthly Low Feb 6 
*SUP 3: 2.611 - 100-DMA 
*SUP 4: 2.609 - Low Jan 24
*COMMENTARY: As the yield gains traction below the 55-DMA its adds to bearish
confidence for a move that now initially targets 2.585-645 where the 100-DMA
(2.615) is located. Below 2.585 is needed to target the 200-DMA (2.438). Bulls
now look for a close above the 55-DMA to gain breathing room and above 2.859 to
confirm a break of the 21-DMA (2.841) & shift focus higher.

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