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10-YR YIELD TECHS: Below 55-DMA To Shift Focus...>

US: 10-YR YIELD TECHS: Below 55-DMA To Shift Focus Lower
*RES 4: 2.544 - High Mar 17 
*RES 3: 2.530 - Weekly Bear channel top (Off 2014 high) 
*RES 2: 2.504 - High Dec 21 
*RES 1: 2.487 - High Jan 4
*PRICE: 2.458 @ 0530GMT
*SUP 1: 2.419 - 21-DMA 
*SUP 2: 2.386 - 55-DMA 
*SUP 3: 2.344 - Low Dec 14 
*SUP 4: 2.297 - 200-DMA
*COMMENTARY: Bulls take comfort in support ahead of the 21-DMA providing a
bounce to start the new year. Bulls continue to look for a close above 2.504 to
confirm focus on tests of 2016 & 2017 highs 2.629-641. Layers of support remain
and hint at a test of the 200-DMA with below 2.344 to confirm with bears now
needing a close below the 55-DMA to end bullish hopes.

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