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10-YR YIELD TECHS: Focus Now On 2.344-398 *RES...>

US
US: 10-YR YIELD TECHS: Focus Now On 2.344-398
*RES 4: 2.504 - High Dec 21 
*RES 3: 2.479 - High Dec 27 
*RES 2: 2.459 - Low Dec 26 now resistance 
*RES 1: 2.432 - Hourly resistance Dec 27
*PRICE: 2.425 @ 0530GMT
*SUP 1: 2.398 - 21-DMA 
*SUP 2: 2.372 - 55-DMA 
*SUP 3: 2.344 - Low Dec 14 
*SUP 4: 2.299 - 200-DMA
*COMMENTARY: Hesitation ahead of the weekly bear channel top (2.534) combined
with waning momentum provided the impetus for a correction that eases bullish
pressure. Focus returns to 2.344-398 where key DMAs and the bull channel base
are noted. Bears now need a close below 2.344 to confirm breaks and initially
pressure the 200-DMA (2.299). Bulls now need a close above 2.432 to gain
breathing room and above 2.479 to shift focus higher.

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