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10-YR YIELD TECHS: Bears Need Close Below........>

US
US: 10-YR YIELD TECHS: Bears Need Close Below 2.741
*RES 4: 3.073 - Low July 6 2011 now resistance 
*RES 3: 3.041 - 2014 High Jan 2 
*RES 2: 2.912 - High Jan 15 2014 
*RES 1: 2.885 - 2018 High Feb 6
*PRICE: 2.851 @ 2030GMT
*SUP 1: 2.807 - High Feb 6 now support 
*SUP 2: 2.741 - Hourly support Feb 6 
*SUP 3: 2.691 - Hourly support Feb 6a 
*SUP 4: 2.665 - 21-DMA
*COMMENTARY: Bulls take comfort in the recovery from the sell-off with the yield
bouncing from around the 21-DMA. Immediate focus has returned to the 2.885-912
with overall focus on 2014 highs. Bears now need a close below 2.741 to confirm
an easing of bullish pressure and to shift initial focus back to 2.648-665 where
the 21-DMA is located. O/B daily studies looking to correct remain the key
concern for bulls.

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