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

US
US: 10-YR YIELD TECHS: Bears Need Close Below 21-DMA
*RES 4: 3.073 - Low July 6 2011 now resistance 
*RES 3: 3.041 - 2014 High Jan 2 
*RES 2: 3.035 - 2018 High Apr 25 
*RES 1: 3.018 - Hourly support Apr 26 now resistance
*PRICE: 2.988 @ 0340GMT
*SUP 1: 2.937 - Low May 7 
*SUP 2: 2.936 - 21-DMA 
*SUP 3: 2.904 - Low Apr 20 
*SUP 4: 2.876 - High Apr 18 now support
*COMMENTARY: The recovery from the dip back towards the 21-DMA Friday saw a pop
above 2.996 and focus having returned to the 3.041-073 resistance region. Daily
studies are now well placed for a fresh leg higher. Bulls continue to look for a
close above 3.073 to confirm traction above 3.000 and the 2018 high and target
3.219-223 where the weekly bull channel top is noted. Bears now need a close
below the 21-DMA to ease bullish pressure.

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