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10-YR YIELD TECHS: Focus on 2.208-2.245 *RES.....>

US
US: 10-YR YIELD TECHS: Focus on 2.208-2.245
*RES 4: 2.372 - Hourly resistance Oct 6 
*RES 3: 2.355 - Hourly resistance Oct 11 
*RES 2: 2.334 - High Oct 13 
*RES 1: 2.310 - Hourly resistance Oct 17
*PRICE: 2.303 @ 2030GMT
*SUP 1: 2.296 - Low Oct 17 
*SUP 2: 2.278 - Low Oct 16 
*SUP 3: 2.245 - High Sept 26 now support 
*SUP 4: 2.237 - 100-DMA
*COMMENTARY: The lack of follow through on Friday's close below 21 (2.300) & 200
(2.314) DMAs is less than ideal for bears who are focused on 2.208-2.245 where
55 & 100-DMAs are noted. The spike higher Tuesday lacked follow through and
leaves the yield looking a little heavy. Bears now need a close below Tuesday's
low to add weight to the case. Bulls now need a close above 2.334 to ease
immediate bearish pressure and above 2.402 to return initial focus to 2.437.

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