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10-YR YIELD TECHS: Topside Hesitation A..........>

US
US: 10-YR YIELD TECHS: Topside Hesitation A Concern
*RES 4: 2.423 - Monthly High Aug May 11 
*RES 3: 2.398 - Monthly High July 7 
*RES 2: 2.371 - High Oct 2 
*RES 1: 2.341 - Hourly support Oct 3 now resistance
*PRICE: 2.328 @ 2030GMT
*SUP 1: 2.324 - 200-DMA 
*SUP 2: 2.314 - Hourly support Sept 29 
*SUP 3: 2.296 - Low Sept 29 
*SUP 4: 2.284 - Hourly support Sept 27a
*COMMENTARY: Recent topside hesitation is a concern for bulls given correcting
O/B studies now weighing. The yield is pressuring the 200-DMA support with bears
still looking for a close below 2.284 to confirm a break and to shift focus back
to 2.208-2.245 where key DMAs are located. Bulls continue to look for a close
above 2.371 to confirm initial focus on 2.398-2.437 with above 2.437 to return
focus to 2017 highs.

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