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

US
US: 10-YR YIELD TECHS: Bears Need Close Below 55-DMA
*RES 4: 3.050 - Low May 22 
*RES 3: 3.014 - High May 24 
*RES 2: 2.985 - Hourly resistance June 13 
*RES 1: 2.973 - High July 24
*PRICE: 2.950 @ 2130GMT
*SUP 1: 2.945 - Low July 24 
*SUP 2: 2.923 - 55-DMA 
*SUP 3: 2.902 - Hourly resistance July 23 now support 
*SUP 4: 2.880 - Hourly support July 20
*COMMENTARY: The recovery from last week's low resulted in a close above the key
2.950 resistance this week and confirming traction above the 55-DMA. Bullish
focus now shifts to the 3.014-084 resistance region with a close above 3.084 to
confirm initial focus on 3.128-223 where 2018 highs are noted. Bears now need a
close below the 55-DMA to gain breathing room and below 2.880 to shift focus
back to 2.807.

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