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10-YR YIELD TECHS: Focus Remains on 2017 Low.....>

US
US: 10-YR YIELD TECHS: Focus Remains on 2017 Low
*RES 4: 2.229 - Hourly resistance Aug 17 
*RES 3: 2.206 - Hourly support Aug 23 now resistance 
*RES 2: 2.180 - High Aug 28 
*RES 1: 2.155 - Low Aug 28 now resistance
*PRICE: 2.128 @ 0150GMT
*SUP 1: 2.122 - Hourly support Aug 29 
*SUP 2: 2.121 - Low June 26 
*SUP 3: 2.103 - 2017 Low June 14 
*SUP 4: 2.054 - 100-WMA
*COMMENTARY: Failure ahead of the 2.229 resistance last week added to the
significance of this level and resulted in bears remaining focused on tests of
2017 lows. A close below 2.103 is needed to shift immediate bearish focus to the
100-WMA and overall focus to tests of 1.879. Layers of resistance are
accumulating and weighing with bulls needing a close above 2.155 to gain
breathing room and above 2.180 to shift focus back to 2.206-2.229.

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