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10-YR YIELD TECHS: Bears Initially Focused On....>

US
US: 10-YR YIELD TECHS: Bears Initially Focused On 2.925
*RES 4: 3.041 - 2014 High Jan 2 
*RES 3: 3.035 - 2018 High Apr 25 
*RES 2: 3.018 - Hourly support Apr 26 now resistance 
*RES 1: 2.996 - High May 2
*PRICE: 2.976 @ 0430GMT
*SUP 1: 2.934 - Low Apr 30 
*SUP 2: 2.925 - Hourly support Apr 20 
*SUP 3: 2.904 - Low Apr 20 
*SUP 4: 2.876 - High Apr 18 now support
*COMMENTARY: Hesitation ahead of 2014 highs & 3.041-073 is a concern given daily
studies correcting from O/B and the proximity of the Bollinger top (3.057).
Immediate focus remains on 2.925. Below 2.925 is needed to shift initial focus
back to 2.868-904 where 21 (2.895) & 55 (2.868) DMAs are situated. The
3.041-3.073 resistance region is key with bulls needing a close above 3.073 to
shift focus 3.183-223 where the weekly bull channel top is noted.

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