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

US
US: 10-YR YIELD TECHS: Bears Need Close Below 2.847
*RES 4: 2.950 - High June 21 
*RES 3: 2.935 - Hourly resistance June 21 
*RES 2: 2.900 - High June 26 
*RES 1: 2.884 - High July 3
*PRICE: 2.873 @ 2130GMT
*SUP 1: 2.847 - Low July 17 
*SUP 2: 2.823 - Low July 16 
*SUP 3: 2.807 - Low July 6 
*SUP 4: 2.790 - Hourly support May 30a
*COMMENTARY: Sideways trading continues with bears now needing a close below
2.807 to reconfirm focus on 2.717-759 where Apr & May lows are noted. Narrowing
Bollinger bands are hinting at a breakout. Bulls continue to look for a close
above 2.884 to gain breathing room and above 2.950 to confirm breaks of 21, 55 &
100-DMAs and pressure the key 3.014-050 resistance region. Bears now need a
close below 2.847 to gain breathing room.

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