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10-YR YIELD TECHS: Bulls Focused On 2014 High....>

US
US: 10-YR YIELD TECHS: Bulls Focused On 2014 High
*RES 4: 3.223 - Monthly High July 1 2011 
*RES 3: 3.073 - Low July 6 2011 now resistance 
*RES 2: 3.041 - 2014 High Jan 2 
*RES 1: 2.965 - Daily Bull channel top
*PRICE: 2.919 @ 0320GMT
*SUP 1: 2.902 - High Feb 12 now support 
*SUP 2: 2.844 - Hourly breakout level Feb 14 
*SUP 3: 2.808 - Low Feb 14 
*SUP 4: 2.786 - Low Feb 9
*COMMENTARY: Bulls regained the upper hand after the yield looked heavy in past
days with immediate focus now on the 3.041 2014 high. A close above this level
sees initial focus on 3.073-223 where July 2011 monthly highs are situated. O/B
studies and the Bollinger top (2.952) are concerns for bulls. In saying that,
bears now need a close below 2.844 to gain breathing room and below 2.808 to
shift initial focus to 2.755-758 where the 21-DMA is noted.

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