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10-YR YIELD TECHS: Closes Below 55-DMA *RES 4:...>

US
US: 10-YR YIELD TECHS: Closes Below 55-DMA
*RES 4: 2.936 - High Feb 21 
*RES 3: 2.859 - High Mar 27 
*RES 2: 2.815 - Low Mar 26 
*RES 1: 2.799 - Hourly support Mar 27 now resistance
*PRICE: 2.775 @ 2030GMT
*SUP 1: 2.758 - Low Feb 7 
*SUP 2: 2.648 - Monthly Low Feb 6 
*SUP 3: 2.609 - Low Jan 24 
*SUP 4: 2.602 - 100-DMA
*COMMENTARY: The yield remains heavy having closed below the 55-DMA (2.780) for
the first time since Dec. Bears now look for a close below 2.758 to confirm
traction below the 55-DMA and initially target 2.585-648 where the 100-DMA is
located. The Bollinger base (2.788) is the key concern for bears. Layers of
resistance are weighing with bulls now needing a close above 2.815 to gain
breathing room and above 2.859 to shift focus higher.

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