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10-YR YIELD TECHS: Support Layers Building.......>

US
US: 10-YR YIELD TECHS: Support Layers Building
*RES 4: 3.223 - Monthly High July 1 2011 
*RES 3: 3.073 - Low July 6 2011 now resistance 
*RES 2: 3.041 - 2014 High Jan 2 
*RES 1: 2.912 - High Jan 15 2014
*PRICE: 2.864 @ 0530GMT
*SUP 1: 2.820 - Hourly support Feb 2 
*SUP 2: 2.801 - Hourly resistance Feb 2 now support 
*SUP 3: 2.783 - Low Feb 2 
*SUP 4: 2.754 - High Jan 31 now support
*COMMENTARY: The 2.609 support provided the base for repeated 2018 & 3+ year
highs with immediate bullish focus on 2.912-3.041 and overall focus now on
3.223. The Bollinger band top (2.847) and O/B studies remain concerns for bulls.
Layers of support are building with bears needing a close below 2.820 to gain
breathing room and below 2.754 to shift focus back to 2.676-696. Bulls now look
for a close above 2.912 to add support to their case.

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