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

US
US: 10-YR YIELD TECHS: Bears Now Need Close Below 55-DMA
*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: 2.948 @ 0330GMT
*SUP 1: 2.907 - 21-DMA 
*SUP 2: 2.904 - Low Apr 20 
*SUP 3: 2.876 - High Apr 18 now support 
*SUP 4: 2.869 - 55-DMA
*COMMENTARY: Hesitation ahead of 2014 highs & 3.041-073 is a concern given daily
studies correcting from O/B). The 3.041-3.073 resistance region remains key with
bulls needing a close above 3.073 to shift focus 3.183-223 where the weekly bull
channel top is noted. The 55-DMA is key support this week with bears needing a
close below to add weight to the case for a move back to 2.717-748 where the
100-DMA (2.748) is situated.

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