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10-YR YIELD TECHS: Focus On 2017 Low *RES 4:.....>

US
US: 10-YR YIELD TECHS: Focus On 2017 Low
*RES 4: 2.250 - Alternating hourly support/resistance 
*RES 3: 2.229 - Hourly resistance Aug 17 
*RES 2: 2.210 - High Aug 18 
*RES 1: 2.197 - Hourly resistance Aug 21
*PRICE: 2.183 @ 2130GMT
*SUP 1: 2.169 - Bollinger band base 
*SUP 2: 2.164 - Low Aug 18 
*SUP 3: 2.121 - Low June 26 
*SUP 4: 2.103 - 2017 Low June 14
*COMMENTARY: The 2.289 resistance confirmed significance with the yield rejected
ahead of this level and the sell-off resulting in bearish closes last week.
Initial focus has returned to 2.053-121 where 2017 lows and the 100-WMA are
situated. Layers of resistance are accumulating and weighing with bulls needing
a close above 2.229 to ease bearish pressure and above 2.264 to shift initial
focus back to 2.289.

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