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10-YR YIELD TECHS: Bears Focused On 2017 Lows....>

US
US: 10-YR YIELD TECHS: Bears Focused On 2017 Lows
*RES 4: 2.261 - 21-DMA
*RES 3: 2.258 - High Aug 9
*RES 2: 2.234 - Hourly resistance Aug 10
*RES 1: 2.222 - High Aug 11
*PRICE: 2.206 @ 0430GMT
*SUP 1: 2.177 - High June 21 now support 
*SUP 2: 2.174 - 55-WMA 
*SUP 3: 2.121 - Low June 26 
*SUP 4: 2.103 - 2017 Low June 14
*COMMENTARY: The 2.258 resistance confirmed significance Thursday with the yield
capped ahead before heading sharply lower. The close below 2.212 reconfirmed
focus on tests of 2017 lows with a close below needed to target 1.991-2.205
where the 100-WMA is noted. Layers of resistance are building with bulls needing
a close above 2.234 to gain breathing room and above 2.258 to shift focus back
to 2.261-289 where key DMAs are noted.

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