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

US
US: 10-YR YIELD TECHS: Below 55-DMA To Shift Focus Lower
*RES 4: 2.629 - 2017 High Mar 13 
*RES 3: 2.544 - High Mar 17 
*RES 2: 2.529 - Weekly Bear channel top (Off 2014 high) 
*RES 1: 2.504 - High Dec 21
*PRICE: 2.482 @ 0300GMT
*SUP 1: 2.462 - Low Jan 8 
*SUP 2: 2.427 - 21-DMA 
*SUP 3: 2.389 - 55-DMA 
*SUP 4: 2.344 - Low Dec 14
*COMMENTARY: Bulls take comfort in support ahead of the 21-DMA providing a
bounce to start the new year and immediate focus on 2.504. 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 with bears now needing a close below 2.462
to ease bullish pressure and below the 55-DMA to end bullish hopes and hint at a
test of the 200-DMA (2.297) with below 2.344 to confirm.

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