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10-YR YIELD TECHS: Gaining Traction Below........>

US
US: 10-YR YIELD TECHS: Gaining Traction Below 55-DMA
*RES 4: 2.859 - High Mar 27 
*RES 3: 2.815 - Low Mar 26 
*RES 2: 2.799 - Hourly support Mar 27 now resistance 
*RES 1: 2.797 - 55-DMA
*PRICE: 2.739 @ 0430GMT
*SUP 1: 2.717 - Low Apr 2 
*SUP 2: 2.648 - Monthly Low Feb 6 
*SUP 3: 2.619 - 100-DMA 
*SUP 4: 2.609 - Low Jan 24
*COMMENTARY: The yield remains offered with the 55-DMA capping. Layers of
resistance accumulating add to bearish confidence although the Bollinger base
(2.733) is a concern. Bulls now look for a close above 2.815 to confirm a break
of the 55-DMA and gain breathing room with above 2.859 to shift focus higher.
While 2.815 caps bears focus on 2.585-648 where the 100-DMA is noted with a
close below 2.717 needed to add weight to their case.

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