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10-YR YIELD TECHS: Follow Through Lacking *RES...>

US: 10-YR YIELD TECHS: Follow Through Lacking
*RES 4: 2.206 - Hourly support Aug 23 now resistance 
*RES 3: 2.180 - High Aug 28 
*RES 2: 2.155 - Low Aug 28 now resistance 
*RES 1: 2.141 - High Aug 29
*PRICE: 2.129 @ 2130GMT
*SUP 1: 2.119 - Hourly resistance Aug 29 now support 
*SUP 2: 2.088 - 2017 Low Aug 29 
*SUP 3: 2.054 - 100-WMA 
*SUP 4: 1.991 - Low Nov 10
*COMMENTARY: Failure ahead of 2.229 in previous week's has now resulted in fresh
2017 and 10mth lows with bears now initially focused on 1.991-2.054 with overall
focus on 1.879 which is the breakout level from Nov 2016. The lack of follow
though is less than ideal with the Bollinger base hinting the move is a little
overdone. The 2.141-180 resistance is key today 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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